This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford
Knee-slapper interview. RT vs CNN -- https://www.youtube.com/watch?v=PhOfwGN11oY
Another knee-slapper. All out war would be no surprise with this BS going on. Whttp://1.bp.blogspot.com/-OE_l85TAPJE/VI9oEVIPfGI/AAAAAAAAbqo/4_TZEvsOY-E/s1600/USD-Ruble.png
Fracking alt: 1.) http://wac.450f.edgecastcdn.net/80450F/963theblaze.com/files/2011/12/HILLBILLIE.jpg2.) http://www.cyclelicio.us/wp-content/uploads/2010/06/oil-bubbling.jpg
Bit of OT fun - Don't text while trying to land. Whttps://www.youtube.com/watch?v=0ctRsGbZpzU
VIX broken. He hehttp://www.zerohedge.com/news/2014-12-16/broken-vix-means-markets-getting-scared-group-one-says
Armstrong - "Crude oil has two numbers we must now pay close attention to for year-end $75 and $57. A closing BELOW $57 warns that we are in serious trouble with oil and we may not see the final low until 2016-2017. The real critical level of support lies at $32. We should see this type of decline send crude back to retest the 1980 high of about $40 similar top gold retesting the $875 high of 1980. Welcome to the land of DEFLATION as all the promises of socialism with government taking care of you from cradle to grave is over and done with."Will believe that when I see it. Armstrong is generally an eejit IMHO. W
I dont always agree with him but I think he's pretty smart.He's done a lot of work on phi cycles.His emphasis on capital flows is often insightful too
TSLA - cool product, wrong universe. Whttp://scharts.co/1sydcbB
I posted a nice bear chart on TSLA here a few weeks back
On-theme tune ... Whttps://www.youtube.com/watch?v=52RFo4AdEBIhttp://www.pavy.be/blog/wp-content/uploads/2009/01/ufobig.gif
QE to Infinity, followed by Gold balancing the balance sheets of the sovereign balance sheet disasters. Just as there is no tool other than QE to feign financial solvency, there is no tool to balance the balance sheet of the offending entities other than Gold. It is just that simple. --Jim Sinclair W
nasty price action yesterday in gold and GDX....
The mushroom cloud is "cute". Whttp://www.tradingmemes.com/wp-content/uploads/2014/03/5313976a230bc.png
Torture controversy - Hard to decide, and I certainly don't want any, but our military forces need to be feared. Feared enough that negotiation is preferred.I'd say my trading the last couple years qualifies as torture, as the FED and Treasury bozos blew up some traditionally sound setups. Bastards. The short formerly known as Wile.
My view is that if we are to pretend we are a "superior" culture to the so called terrorists we shouldnt behave like them.Without moral superiority we have nothing.In reality of course theterrorists are just as likely to wear suits and live in London or Washington,sadly
Another Gold knee-slapper:http://www.zerohedge.com/news/2014-12-16/commodity-trading-giant-exits-physical-gold-due-lack-physical-documented-origin
@Wile....any thoughts on this ?http://www.engdahl.oilgeopolitics.net/Geopolitics___Eurasia/Peak_Oil___Russia/peak_oil___russia.html
I think the key to debunking this is understanding where the Carbon that is necessary to form oil comes from. I'm no expert here, but my understanding is that carbon was not abundant as the earth formed, and it was brought in by comets and asteroids. If so, then the processes would be largely at the surface and discrediting to the abiotic theory. I've done some goog searches on this as well as carbon-dating oil. Surprisingly little relevant info was found. I'm in the old school for now. W