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The Lunatic Fringe - Trading talk.

Zed

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Getting into a report about the grand solar cycles. Long short, if the market tanks and you are looking for diversity look at Agriculture. Food prices will rise.
 

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savvydon

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Getting into a report about the grand solar cycles. Long short, if the market tanks and you are looking for diversity look at Agriculture. Food prices will rise.
I know you have talked about the fact that, although metals are for holding wealth long term, it is worth considering using a metals melt up to slingshot that wealth forward. Perhaps in a post 2020 financial environment this is one way to do that.
 

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plunge protection team at full force, dow was down quite a bit after 3 am
We will see if they can breathe fresh life into this rickety old market, or is this morning just the proverbial dead cat bounce.
 

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4 part series

Patrick Ceresna and I reveal HOW YOU CAN INVEST IN GOLD/SILVER MINERSwith far more upside and less risk!!

Part 1

 

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I know you have talked about the fact that, although metals are for holding wealth long term, it is worth considering using a metals melt up to slingshot that wealth forward. Perhaps in a post 2020 financial environment this is one way to do that.
NatGas is shaping up to be a good play on the weather. So I am told.
 

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Jim's Angel @ $1650. Anyone feeling nostalgic?
 

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NatGas is shaping up to be a good play on the weather. So I am told.
Been a really cold winter this year...
 

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I was looking @ that study on COVID19 and thinking that it was not that effective if it was a bio weapon. Then it struck me that it was mainly killing old or unhealthy Asians. They have a demographic problem. It couldn't be a solution? Tell me that would never happen?
 

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I was looking @ that study on COVID19 and thinking that it was not that effective if it was a bio weapon. Then it struck me that it was mainly killing old or unhealthy Asians. They have a demographic problem. It couldn't be a solution? Tell me that would never happen?
If you give a listen to Dr. Dave Janda here in the X22 Spotlight he explains that the Chinese villi in their lungs are physically unique that the virus attacks...

 

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One for you lot up there...
 

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I was looking @ that study on COVID19 and thinking that it was not that effective if it was a bio weapon. Then it struck me that it was mainly killing old or unhealthy Asians. They have a demographic problem. It couldn't be a solution? Tell me that would never happen?
one of the problems if this happens, the stock markets may get severely punished, not as harsh as the 1929 crash. We live in a global economy where parts of whole are made to satisfy a product. Disastrous if one country gets decommissioned. this only assumes that not just old and unhealthy ones but the rest of the crowd.
 

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Mixed and flat on the open for the usual suspects down here.

GDX, moving a little quicker than I'd have guessed. Not far from the levels that a long option play becomes attractive... if that is in your outlook. Into support, should tag the red line intra-day. Looks like we could see a classic kiss and go.
GDX-D-20200227-1.png
 

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one of the problems if this happens, the stock markets may get severely punished, not as harsh as the 1929 crash. We live in a global economy where parts of whole are made to satisfy a product. Disastrous if one country gets decommissioned. this only assumes that not just old and unhealthy ones but the rest of the crowd.
They would be looking @ it as "pruning the tree"... sensible? I can't say. I don't think like a sociopath, but it is not impossible that it is where thier thinking is.

Terrifying.

So much noise about it being a bio weapon.
 

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Turned green @ lunch, careful buying is happening in most of my issues.
 

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Gold Daily --> We have a small consolidation appearing, looks like a pennant. Classic T/A projection would have it hitting 1737 odd. Top of the channel arrives there @ around 19/3/2020, completely doable. Faster than that and gold might be into a blow off, then we can look toward 1796 and 1892 as an outside chance. With COVID19 spooking people and the fat short book who knows what is on the cards here. So far we are in reasonable shape. The trader chatter I'm hearing is ---> Gold is gonna rip, you'd need balls to short it here... etc. Me, I'm a little more conservative, some big forces @ play here, short term could deliver all sorts of perversity.


AUUSD-D-20200227-1.png
 

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Gold stocks on a low heat down here, slowly warming up, nice careful buying, confidence inspiration action, no numb nutz hitting the ask without thought.
 

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savvydon

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Gold Daily --> We have a small consolidation appearing, looks like a pennant. Classic T/A projection would have it hitting 1737 odd. Top of the channel arrives there @ around 19/3/2020, completely doable. Faster than that and gold might be into a blow off, then we can look toward 1796 and 1892 as an outside chance. With COVID19 spooking people and the fat short book who knows what is on the cards here. So far we are in reasonable shape. The trader chatter I'm hearing is ---> Gold is gonna rip, you'd need balls to short it here... etc. Me, I'm a little more conservative, some big forces @ play here, short term could deliver all sorts of perversity.


View attachment 155586
That's good advance intel, Z. Sounds and feels about right, from where I sit. we c...
 

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Zed

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Hate the naked short sellers. And those that enable the idea.
Naked is only possible due to your antiquated system. It cannot happen here in Oz, you must have the loaned stock in hand to sell.
 
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Dow is already down 300pts and gold didn't move up as much as I would have expected. Could this Friday we see a 2,000-3,000 drop in a single day before the weekends?
 

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ASX Market heat map for today... Goldies are well green but not a sector on the map.

HeatMap.png