AXSTONE'S FINAL WAVE (5)

[axstone]

If what Ted said yesterday BEFORE todays move in silver,
the seven big shorts are carrying a 4 billion dollar loss. they either booked it in the last 24 hours or the loss's just jumped and still counting
(JP Morgan net nuetral cause they own the physical along with their short)

 

[axstone]

How global central banks will rebalance to avoid bankruptcy... Rare baseball card = Gold

Mr. Jim smith has a million dollars in debt no job, missed his 1100 mortgage payment three times, has no job and 60,000 credit card debt, and a car loan outsanding for 12,000, he gets called into the bank, the bank says you owe us over a million, you lost your job, how are you going to pay?, do you have any assets, he says " I have furniture maybe 15,000 art 2,000, some jewlery 10,000.

Bank says not even close, you need to come up with 1,000,000 minum with no job or we foreclose. He says wait, there is something in my safe, 2 rare baseball cards I payed 100 dollars for 40 years ago, but its very rare. look up how much a Babe Ruth 1914 baseball card is worth

 

[axstone]

 

[axstone]

trend just steepened

 

[axstone]

BUMP
worth another listen

Good Interview Frank!!!

View attachment 139325

Frank Giustra: Billionaire Investor says Biggest Gold Bull Market of All Time Starting Now

 

[axstone]

“Gold will be the last man standing. After June of 2019 there will be an
entire new system monetarily only known to the early advocates of the theory
of ‘Free Gold’”
Jim Sinclair

 

[Zed]

View attachment 139461

“Gold will be the last man standing. After June of 2019 there will be an
entire new system monetarily only known to the early advocates of the theory
of ‘Free Gold’”
Jim Sinclair

Been a while since I have heard mention of "FreeGold" around here!

 

[axstone]

channel - not predicting ! just look at this idea

 

[axstone]

I would be surprised if we dont make new highs by first half of 2020

 

[Goldhedge]

Hmmmm

 

[Varmint Hunter]

Hmmmm

View attachment 139965

Question from a learner:
If you owned some of that at this point, would you unload now?

 

[axstone]

Question from a learner:
If you owned some of that at this point, would you unload now?

Good question, I think its a complicated answer, i own some with the intention to sell half my position 3,500 gold U.S.

Technically you have to be aware this could get weak because its not a producing asset, or it could be a bear trap it could drop 20 cents and shoot srtaight up if gold corrects and moves to 1700 like Paul Tudor jones suggests.

Their 43, 101 states thay have around 1 million ounces, but dont quote me there is a school of thought there could be double that.

In my opinion you need a raging bull market in gold to elevate stock prices in non producing assets.

 

[Strawboss]

Their 43, 101 states thay have around 1 million ounces, but dont quote me there is a school of thought there could be double that.

Hey learner...

Stick with the facts (43-101 results)...not the "school of thought" BS...

 

[Goldhedge]

Their 43, 101 states thay have around 1 million ounces, but dont quote me there is a school of thought there could be double that.

1 million oz... is that a lot?

 

[axstone]

Hey learner...

Stick with the facts (43-101 results)...not the "school of thought" BS...

Hey Straw, thanks for saying that!!! , I agree, its very speculative.
All mining is very risky! Geopolitical concerns may be very serious concerns going forward!!

 

[axstone]

I endorse this chart

http://www.321gold.com/editorials/rosen/rosen090219.pdf

 

[axstone]

Trend

 

[axstone]

Every pattern here could be historic

 

[Zed]

Every pattern here could be historic

What do you mean? Exactly...

 

[axstone]

ampitude vs time. we may record moves in precious metals unmatched in history

 

[axstone]

 

[axstone]

 

[axstone]

zoom

 

[axstone]

cut n paste

 

[axstone]

cut n paste
View attachment 140601

 

[Zed]

ampitude vs time. we may record moves in precious metals unmatched in history

So you are thinking a steep sharp move that will be "record setting". Is that a fair paraphrase?

 

[Zed]

cut n paste
View attachment 140601

That 1700 to 1550 odd correction is what I think we are building up to now. I think it comes from lower than 1700 by at least 50... but we will see.

 

[axstone]

I dont really care about the pivot point nominal values this wave up ,
its the angle of apprecition I am curious about - thats what I think will be historic in gold

 

[axstone]

Is A the A-B-C of the correction or is A THE BOTTOM?

 

[axstone]

CANADIAN FIBS AND TRENDS

 

[axstone]

Cant argue with the tape but I would not be surprised if they spoof the trend line and cause stop loss liquidation
taking gold right down to the 1450 area

PERFECT TIMING FOR THE FOMC MEETING

 

[axstone]

HOLD OFF ON THAT STOPS CALL %@#$@(^&$

FOR NOW

 

[axstone]

Back on

 

[axstone]

HMMMM

 

[pitw]

HMMMM
View attachment 141379

That made me chuckle. Thanks.

 

[axstone]

 

[axstone]

SPOOFING< BREAKING TREND DELAYS PRICE DISCOVERY> PURE AND SIMPLE
If March 2019 was spoofing to break trend they bought time.. 1 month or more
Poor Mining companies, so ignorant.

 

[axstone]

MOTHER OF ALL SPOOFS was 2013

 

[Zed]

MOTHER OF ALL SPOOFS was 2013
View attachment 141573

How on earth does that make it a spoof?

 

[Strawboss]

How on earth does that make it a spoof?

If you figure that question out...let me know...