• "Spreading the ideas of freedom loving people on matters regarding high finance, politics, constructionist Constitution, and mental masturbation of all types"

Charts from the Lunatic Fringe.

Goldhedge

Moderator
Site Mgr
Sr Site Supporter
Joined
Mar 28, 2010
Messages
40,021
Likes
60,945
Location
Rocky Mountains

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
So... is this a junior partner floating a trial balloon for the guy's that have the gold and grunt to make it meaningful? You know, the China, gold, crypto theory.
 

Attachments

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
Gold Daily... on the edge but over the 50DMA. A solid break of 1300 would be a good way to finish the week. Maybe Louky's 1305 +. For now the fence is hurting my ass.

AU-D-31052019.png
 

savvydon

Gold Member
Gold Chaser
Joined
Dec 14, 2010
Messages
2,862
Likes
2,404
So... is this a junior partner floating a trial balloon for the guy's that have the gold and grunt to make it meaningful? You know, the China, gold, crypto theory.
Makes sense to me. Sun’s gonna rise in the east.
 

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
Makes sense to me. Sun’s gonna rise in the east.
A prolonged trade war could see a currency bloc as a defensive response. If you remove the incentive to make nice they have a bunch of things on the economic shopping list that might get up Uncle Sam's nose.
 

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
Wow... certainly feels like we are getting closer. At least, that is what I keep running into. Unless it is just my own little room full of mirrors - but I don’t think so...
Eerie creaking sounds coming from this old ship. A few small leaks etc. We are afloat but somehow I don't feel secure.
 

savvydon

Gold Member
Gold Chaser
Joined
Dec 14, 2010
Messages
2,862
Likes
2,404
A prolonged trade war could see a currency bloc as a defensive response. If you remove the incentive to make nice they have a bunch of things on the economic shopping list that might get up Uncle Sam's nose.
Columbia did lots of that in the 70s, 80s, and 90s...;)
 

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
My ASX goldies +3.7% on avg today. 2 hours to trade. Feeling good for a Friday, what was once THE day nerves set it almost EVERY week.
 

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
Columbia did lots of that in the 70s, 80s, and 90s...;)
Getting up Sam's nose for fun and profit!

LOL... too old for that shit now, I'd blow a gasket.
 

savvydon

Gold Member
Gold Chaser
Joined
Dec 14, 2010
Messages
2,862
Likes
2,404
My ASX goldies +3.7% on avg today. 2 hours to trade. Feeling good for a Friday, what was once THE day nerves set it almost EVERY week.
Today was pretty strong this way as well, despite dollar strength. If we follow you guys up tomorrow I think this will bode well heading into the summer.
 

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
Today was pretty strong this way as well, despite dollar strength. If we follow you guys up tomorrow I think this will bode well heading into the summer.
June/July is supposed to be a cycle turn of one flavor or another. :don't know:
 

savvydon

Gold Member
Gold Chaser
Joined
Dec 14, 2010
Messages
2,862
Likes
2,404
June/July is supposed to be a cycle turn of one flavor or another. :don't know:
Sure feels like it, but then again, it seems like it has been a long time since what I felt turned out right.

‘You know I’ve heard about people like me
But I never made the connection
They walk one road to set them free
And find they’ve gone the wrong direction
But there’s no need for turning back
Cause all roads lead to where I stand
And I believe we’ll walk them all
No matter what we may have planned’

-Don McClean
 

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
If I were a man of letters I'd quote some wisdom... but I'm not, I'm a street fighter so bad humor will have to suffice!

 
Last edited:

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
We are close to month end so I give you Gold Monthly. The fat red line is @ the 1340/50 level. Sure as shit looks like the "game on" line to me. Monthly close over it and it is consolidation over. JMO.

AU-M-31052019.png
 

Goldhedge

Moderator
Site Mgr
Sr Site Supporter
Joined
Mar 28, 2010
Messages
40,021
Likes
60,945
Location
Rocky Mountains
Next week should be something to behold!

webbotreader (48) in investing • 5 hours ago
Happy Friday Morning Folks,
Gold starts the morning off higher with the trade at $1,302.10, up $9.70 after reaching up to $1,304.20 with the low at $1,292.50. Silver is still signaling with its trade at $14.485, down .6 of a cent right by the low at $14.46 with the high at $14.54, inside an 8 cent trading range with the reminder that humans should never short a quiet market. The US Dollar is going nowhere as well, with the trade at 97.995, down 5.8 points with its high at 98.085 with the low at 97.86. All of this activity already happened before 5 am pst, the Comex Open, and eventually a London close.

https://steemit.com/investing/@webbotreader/next-week-should-be-something-to-behold
 

savvydon

Gold Member
Gold Chaser
Joined
Dec 14, 2010
Messages
2,862
Likes
2,404
I have an idea. Why do you think it's this way?
Way over my pay grade. Someone knows, but it for damn sure ain’t me.

I have middle aged bulge in the middle. I fight like heck against it to prevent further sag, but gravity, she is a fierce mistress.
 

Zed

Intergalactic Smart Arse
Midas Member
Site Supporter
Joined
Mar 30, 2010
Messages
13,155
Likes
10,967
Location
Just behind you.
fang-stock-valuations.png