1. Same story, different day...........year ie more of the same fiat floods the world
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  3. Week of 6/24/2017 Closing prices & Chg Over Last Wk---- Gold $1256.40 Silver $16.64 Oil $43.01 USD $96.94
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Charts from the Lunatic Fringe.

Discussion in 'PM Trading/Stocks/Technical Analysis' started by Zed, Oct 21, 2014.



  1. Zed

    Zed Size doesn't count! Midas Member

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    This is the one off profit repat thing?

    Errrrrrr... no... I can't why it would need to be. Are you talking price inflation or proper inflation? It should drive the USD up which will ease import costs if anything... domestically it will depend where the money is parked. If they buy back stock etc it may reflect in market 'inflation' of some sort. If it is invested in business domestically, new plant and equipment etc much of that will just go back OS... if it hits wages in competition for talent then you may get some flow through to street prices, but is it that big?! My best guess is it gives a short term USD bump (gold beware) and that benefit is just adsorbed by business rather than passed on, simply because its a one off. (correct me if needed, I'm not following the deal closely at all) I think it will ease pressure on the bottom line for businesses... for a while.

    What is the structure of this deal? I must go read... maybe I'm well off track here.
     
    stonedywankanobe and bemac like this.
  2. bemac

    bemac Midas Member Midas Member

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    Across the board tax cut.
     
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  3. savvydon

    savvydon Gold Member Gold Chaser

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    What B said.

    The centerpiece is the permanent 40% reduction in corporate tax rates, down to 21% from 35%.
     
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  4. louky

    louky Silver Member Silver Miner

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    Here it is on goldies

    [​IMG]
     
  5. louky

    louky Silver Member Silver Miner

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  6. louky

    louky Silver Member Silver Miner

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  7. Zed

    Zed Size doesn't count! Midas Member

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    OK... I was only thinking about the one off repat deal that was mooted. Is that still a thing?

    That is back to the USA of old... all it means is that the private sector will spend it more rationally than .gov... I can't see it being that price inflationary, no more money is floating around. Really until monetary velocity picks up and wages get pushed pricing will be dominated by other factors ---> JMO
     
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  8. smooth

    smooth Gold Member Gold Chaser

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    Less corporate tax = more manufacturing jobs at home = less true unemployment?? = rising velocity of US dollar? Am I wrong?
    EDIT: .Gov will still spend their quota
     
  9. Zed

    Zed Size doesn't count! Midas Member

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    Maybe quite true but it will also impact the USD value (up?) which will lower import costs and if there is investment in jobs there will also be plant and equipment which will probably be net OS purchases.... and all that is just offsetting what ever job's etc .gov would have otherwise funded with the money.

    All in all its hard to say but I suspect that the net impact will not be a lot in terms of domestic prices. It will however be way more efficient use of capital so it should be net positive. Remember that it has not been lack of funds that is the issue here but rather lack of opportunity. The money is there hiding in the financial system, moving into the real world has been the problem. This may just end up in more share buy backs etc if they don't feel that the opportunity is there.

    ???????

    Watch this space!
     
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  10. Zed

    Zed Size doesn't count! Midas Member

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    I wonder if they will start retiring all this debt that has been raised for share buy backs etc.

    .... as rates rise the debt will fall in value on the secondary market and they can buy it back for less.

    Could be a sweet deal for them in the end.
     
    Last edited: Dec 21, 2017
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  11. savvydon

    savvydon Gold Member Gold Chaser

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    I think the one off repat deal to bring back dollars held internationally is still there at a rate of 15% tax. Guess they are trying to bring dollars home - don’t know what will become of them when they arrive. :don't know:
     
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  12. EO 11110

    EO 11110 He Hate Me Mother Lode

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    stock buy-backs. bb drives stock price up = options more valuable and stock price performance incentive bonuses kick in

    win win for the execs that make these decisions
     
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  13. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    so bb's are good for holders who sell and take profits...?
     
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  14. louky

    louky Silver Member Silver Miner

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    Line in the sand just below 10k for bitcoin, 9990's. Hard to set precise levels on such big price
     
  15. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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    Why would I pay 15% tax to bring a billion dollars back into the US when leaving it "over there" costs me nothing?

    I could invest it "over there" just as easily as "over here".
     
  16. louky

    louky Silver Member Silver Miner

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    12800 now, looks like headed to 13590
     
  17. louky

    louky Silver Member Silver Miner

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    GC pop out of wedge, but stuck on 1278ish for some strange reason.......9

    [​IMG]
     
    Last edited: Dec 22, 2017
  18. louky

    louky Silver Member Silver Miner

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    Hit already. So fast. Lol. Not like waiting on stupid relics.
     
  19. louky

    louky Silver Member Silver Miner

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    MACD not confirming the move in GC

    [​IMG]
     
  20. louky

    louky Silver Member Silver Miner

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    gap alert

    [​IMG]
     
  21. louky

    louky Silver Member Silver Miner

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    [​IMG]
     
  22. stAGgering

    stAGgering Silver Miner Seeker

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    Are you doctoring the charts...?
    Or are you Dr. Chart.


     
  23. louky

    louky Silver Member Silver Miner

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    Leepa tine on my clemmon dees. Penna tine on my damie kays; Ima crighty pooster, ima crighty pooster!
     
  24. solarion

    solarion Gold Member Gold Chaser Site Supporter

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    Someone's been into Mike59's hooch methinks.
     
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  25. jelly

    jelly Seeker Seeker

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    Very interesting development in the silver commitment of traders report:
    Commercial shorts are lower now than during the July 2017 low. In addition, they have decreased on this current upmove from 15.75. This looks very bullish for silver. An excellent buying area methinks.

    SI.png

    silver.png
     
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  26. louky

    louky Silver Member Silver Miner

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    well, it is metals season after all. buy any dips
     
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  27. louky

    louky Silver Member Silver Miner

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  28. louky

    louky Silver Member Silver Miner

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    Last time hidden bearish divergence played out, gold drop from 1301 to 1238. Be aware. If divergence plays out this time, gold will probably break 1238

    [​IMG]
     
    Last edited: Dec 23, 2017
  29. louky

    louky Silver Member Silver Miner

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    Both inside the box, ideally slow down and backtesting
     
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  30. louky

    louky Silver Member Silver Miner

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    Translation. No charts needed, of course.


     
  31. louky

    louky Silver Member Silver Miner

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    Might as well do leap frog target, 1287 and 1296, here we come
     
  32. savvydon

    savvydon Gold Member Gold Chaser

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    If we get that, and then rally above 1305, should be a straight shot to 1350?
     
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  33. Zed

    Zed Size doesn't count! Midas Member

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    Almost Chrismas day here!

    Merry Christmas, 1.5 hrs to go.... shhhhhh, don't tell the kidz!
     
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  34. southfork

    southfork Mother Lode Found Mother Lode

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    FUNSHOW WWW.FUNTOPICS.COM NEXT WEEK, SHOULD I TAKE A WHEELBARREL FOR MY SILVER BUYS?? OR WHAT
     
  35. Goldhedge

    Goldhedge Moderator Site Mgr Site Supporter

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  36. savvydon

    savvydon Gold Member Gold Chaser

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    Greatest coin show of them all. I’m sure there are some great deals to be had. I would take the wheel barrel along and dare the dealers to ‘make you’ fill it up.
     
  37. louky

    louky Silver Member Silver Miner

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    Theoretically once support is made on 1296, then 1359 should come. 1305 is next pivot above
     
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  38. louky

    louky Silver Member Silver Miner

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    I like it when i wake up to look at my phone and Goldies is pinned to 1287.

    Even better when box beats charts.

    First target achieved ;)
     
  39. louky

    louky Silver Member Silver Miner

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    She's still making divergent highs

    [​IMG]
     
  40. louky

    louky Silver Member Silver Miner

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    Still looking at another 10-15% upside in gdx, i think. Use any profit taking to add/buy dips. Not advice, just saying
     
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