Good trade on the open in gold and silver so far…but it really doesn’t matter because tomorrow’s news will dictate policy. But I need to tell you that if there wasn’t a chance for more QE by Bernanke tomorrow and if we were not waiting on this guy, I would be telling you these things:…
With futures down, thought Gold would be down but nope. Use the open to sell your gold and silver. Profitable trade in both…especially the silver. Why am I selling in the service? I dont like tosses of the coin…and that’s what we have with Bernanke tomorrow. To be clear…if he announces another QE, I expect…
[email_link] https://archives.warpradio.com/btr/InvestorsEdge/082918.mp3 JUST LETTING YOU KNOW One Man What’s happened in the past 2 or 3 days? Nothing. The market’s in wait and see mode. And it’s sickening, as a market person, to have to deal with the things we’re having to deal with. I have to tell you, when it comes to Fed, nobody…
Aint doing nothing. Have to wait until Gentle Ben on Friday…but will probably tell you to sell the gold and silver in the morning. If the fed does nothing, gold will go down. If the fed prints more money, gold will keep going…meaning 50-50 bet…not for me. See you in the morning when I will…
[email_link] As part of the global push to tax the rich, Britain is now debating an “emergency” wealth tax. But the idea has hit fierce opposition from conservatives, who say the “politics of envy” hasn’t made the country rich. Deputy Prime Minster Nick Clegg, leader of the Liberal-Democrat Party, has proposed a one-time tax on…
Real quiet as market just waits for Friday. I cannot tell you how much it irrititates me that market has to wait on this…but we are just puppets. TFM gapping up a bit…so WFM up a little this morning. It stays on service as long as it holds 10 week/50 day.
Volume on the NYSE was like holiday trading as the market remains hostage to Mr Berschmucke on Friday. Everything on service continues to act admirably and not adding unless something really shows up. With light volume, tough to find anything. See you in the morning.
[email_link] Dallas Fed President Fisher states last meeting mixed and Fed relying on key data in September; says markets addicted to QE and seeing negative effects from this; says monetary policy lulls Politicians to sleep to do work on fiscal side which is the bigger need.
[email_link] Researchers found persistent users of the drug, who started smoking it at school, had lower IQ scores as adults. They were also significantly more likely to have attention and memory problems in later life, than their peers who abstained. Continued SOURCE: http://www.telegraph.co.uk
[email_link] Ever since the current bull market began in early 2009, the most oft-cited criticism is that volume has been weak. Even the most casual market observer has heard the complaint that rallies on light volume are unsustainable, and in effect, don’t count. The argument sounds good in theory, but followers of this logic would…
