The setup for the big trade

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Sat, Nov 5, 2016 - 4:41pm
SamSchlepps
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your latest RNP

You mentioned Buffet's possible knowledge of cycles - guess this might be apropos - getting ready or getting worried.

https://www.marketwatch.com/story/cash-at-buffetts-berkshire-hathaway-hi...?

Buffett’s Berkshire Hathaway BRK.B, -0.48% closed the third quarter with $84.8 billion in cash, a gain of some $13 billion during the course of 2016.

Buffett over the years has not been shy about using the cash spit off from his vast array of holdings to buy companies, such as his most recent acquiree, Precision Castparts. Even excluding the $20 billion he has said he likes to keep as a cushion, Buffett has plenty of firepower to deploy. In the quarterly report, Berkshire Hathaway says its “long-held acquisition strategy is to acquire businesses at sensible prices that have consistent earning power, good returns on equity and able and honest management.”

Sun, Nov 6, 2016 - 10:39am
Solsson
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SamSchlepps sounds Dutch :-)

SamSchlepps sounds Dutch :-) I hope that you are not offended by my orange posts. I do not write about the people of any country just the elite, the cabal, the bilderbergers, the illuminati, the neocons, the crony-class etc. They got so many names it's confusing.

You can say many things about D.Trump but this is rather insightful of him, predicting the fate of USA and the west back in 1989.

https://youtu.be/OCabT_O0YSM?t=200

Then why is he acting like a court jester, a joker, a fool? He doesn't need to do all that! I guess it means that he is part of the cabal, the election is a vote for the elite or elite. Time will tell ....

Jordan Roy-Byrnes latest analog:

Sun, Nov 6, 2016 - 1:24pm (Reply to #9428)
SilverBelle
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When I look at a list of

When I look at a list of events occurring on certain dates, it does seem apparent that the elite favor particular dates. Was unaware of the tidbit that Hudson first anchored off Manhattan Island on 9/11. Thanks for sharing.

Sun, Nov 6, 2016 - 1:32pm (Reply to #9433)
SilverBelle
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Thanks for the reminder to

Thanks for the reminder to never confuse one's country with one's government. As for the election, I agree that whoever wins, the people lose.

As for the markets, when are you expecting the "blood in the streets?"

Mon, Nov 7, 2016 - 5:46pm
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DJIA since 27 July inflection

DJIA since 27 July inflection shows a sixteen weeks downswing since that week.

The crosshairs is on the high of the weekly bar for the inflection, which was posted here in Setup before the fact. Example post 26th July: https://www.tfmetalsreport.com/comment/656448#comment-565569

argentus maximus wrote:
July 26
argentus maximus wrote:
July 18, 2016 - 12:25pm

V peaks today Monday, plateaus, back up on Thurs 21st July, eases slightly, up significantly on 26-27.

G-V is notable 21st, and peaking 27th July and higher peak on the end of month weekend.

Last week of July 2016 should print price levels which become important across many asset classes when viewed looking back from later.

Another sad day, in France and Japan, and undoubtedly elsewhere too.

A little flirt to attain new highs, resulted in an abortive high and failed breakout to the upside which was followed by the current correction. So my bearish-defensive stance is proven correct for the last 4 months.

The damage has been quite limited, considering the importance I attached to that inflection at the time, which would morph into a bullish factor provided the end of the downswing (since early August) can be identified. (ie implication: if it can't go down hard while down is "on", it may go up hard once the down has ended)

The inset is the same shown in monthly scale.

So the current challenge is to accept down is probably still in place, and identify potential for tradeable accelleration down and/or the end of the swing prior to reversal. That's what I'm working on right now.

On the monthly interim higher lows and higher highs are visible in the higher scale ..... but power is currently merely so so ... and the upside breakout without decision. The moving averages FWIW would still be areas of support.

On EW this can (in daily) be a 1, down 2 up. But in TA it may be a weekly up, pullback, up pullback set of bullish flags. Not trendless, but indecisive and in such circumstances statistically going for continuation is the better strategy, provided that the continuation and it's timeframe/price scale have been correctly identified. I still hold portfolio longs with downside hedged as advised 16 weeks ago.

argentus maximus Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Tue, Nov 8, 2016 - 2:53pm (Reply to #9435)
Solsson
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SilverBelle wrote:As for the

SilverBelle wrote:

As for the markets, when are you expecting the "blood in the streets?"

I am not qualified to answer that question, sorry. I do not have a clue, within 5years?

Divide is a central concept for the elite and also in the bible. The thing of two. The star of David, the star of divide. 

Is there Gold on the moon, funny coincidence with a half moon at major events in the USA:

Half Moon symbolizes the duality of things like, true-false, lie-truth, moon-sun, day-night,light-dark, summer-winter, happy-sad, man-woman and so forth.

Wed, Nov 9, 2016 - 10:11am
fslade
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Argentus - what is your

Argentus - what is your opinion (or gut) on the degree to which Trump is a maverick and, and how much of a blow/surprise to the elite his victory has been? Do you think it's impossible to do what he did without making at least some deals with the right super-rich people?

I've a feeling this wasn't planned by the elites at all, that the "trump" card of the videos, for example, was always in the wings waiting to derail him, and yet it didn't. 

Wed, Nov 9, 2016 - 11:37am
SilverBelle
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Hey Solsson, saw this posted

Hey Solsson, saw this posted on main street and thought of you. smiley

Wed, Nov 9, 2016 - 1:15pm (Reply to #9438)
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I think that deals were made,

I think that deals were made, and/or backing was received from quiet wealth or power. There is no doubt that the political parties of both left and right were trying their best, using their formerly covert journalist disciples to oppose and stop Trump.

But unlike Ron Paul who was frozen out with media silence, Trump got the media coverage he required to get through despite, or because of the crooked media opposition.

This also happened with Farage and Brexit.

Plenty of coverage, and when things got bad, timely help always lifted the cause back up again.

I can't prove this, but it has been my opinion, voiced quietly here, and explicitly in RnP, that older money s threatened by the power and money grabbing political class. the political class are so voracious that they threaten to bring about revolution and an end to the organized game of ripping off the masses. Therefore the ambitiously dangerous political class, both right and left (though the right leadership have actually been "left of right" for decades) must have their teeth pulled before they crash the economic system which is so favourable for older money. Which agencies gather information and act for this force seems clear to me but I'm not going to talk about that.

Other relevant factors which interlock with this dynamic:

Did anybody in either the media or alternative media comment on how quiet the Neocon Nazis propagandists are this week and last?

Israel has become an energy producing nation and the US is an energy buying nation. Producers get targeted for product acquisition by the anglo-american alliance. Israel is therefore becoming of OPEC style political requirements instead of it's former situation. Some evolutionary change, a certain kind of a swing, has been going on there for a while.

Factions that have interests include (apart from "democrat" and "republican" fascist party organizations and their financial sponsors) organized crime, the military industrial complex, international financial cabals eg BIS IMF and partners, and the oppositional and aspirational counter-US superpowers Russia and China. Vatican has been visited by a surprising number of public personages lately. I have no doubt all these are involved in all the aspects of both candidates undisclosed agendas.

Brexit has notified old money, like a huge neon sign, that now is not the time to screw the middle class more. The political class, right and left, have not the same perspective on this and how governments could be changed significantly across European countries within only a few years. Middle centrist peoples' parties are approaching critical mass in several countries at the same time, and these have been characterized as "populist and extreme" by the corrupt media, but old money is aware that the people are not buying into that phony story. On the other hand the established parties are only beginning to wake up to the fact that swopping places every few years will not work next time.

And despite allegations, the UK still has the Sterling Pound, and is in a position to break the central bankers' circle and devalue to gain trading advantage. For that to happen, I think certain monetary officials in the UK would have to be replaced first.

Maybe the stock price of Goldman Sachs will become one of our best indicators for the future, in that Goldman is the present dominant link between factions, and the present is shifting requiring that they reposition for the coming paradigm. GS will not be taken by surprise on that, and their new strategy should become visible soon.

For this reason, we can expect some serious alt media "regulation" to be introduced, and very soon.

Family past-wise, Trump comes from a problematic background, with origins in property, construction, and gambling. Which sets my mind off in a certain direction. But I see no overt signs of trouble. He has no casino in Trump Tower which says a certain amount about who he is not allied with. The question is: will he do what he said he would do? We'll soon see. But I think we will see in two years rather than four.

And he knows how to manage debt overload. The US needs that kind of leadership. The bond markets have not turned today, but extended their declines from the last major pivot high. So the implications for capital are being tuned, not altered, upon his election.

That might be more questions than answers, but I don't have all the answers.

First: we may see a top down clean out of the DOJ, FBI, and national media that opposed trump. Then the Supreme Court. After that the agencies that didn't feed Wikileak information and by implication supported HRC should come into focus for reform and personnel changes. Then the higher level republican party embedded democrats may need to be removal. In short the Clinton organization, which is partner with the Bush organization will begin to be dismantled, and there will be blowback. For that reason the revelation of the problems the Bushes and Clintons pose for law, order, and society as a whole, I consider them both together, will likely continue, possibly accellerate. As Putin experienced when he began taking Russia back from the western installed oligarchy who acquired much of it under Yeltsin.

We will see how far Trump gets. Without support that would not be very far against such virulent opposition, but he already has a lot of support that we don't get to see.

That's as I see it at the moment ...

argentus maximus Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Wed, Nov 9, 2016 - 1:47pm (Reply to #9440)
silver66
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for you AM

I think you will enjoy this clip

LOTR The Fellowship of the Ring - Extended Edition - Gandalf speaks to Frodo in Moria

silver66

p.s. action is liberating wink

Silver66 Rage against the dying of the light

Wed, Nov 9, 2016 - 2:22pm
Solsson
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This thread is transforming

This thread is transforming into a cartoon, ok one last piece. Today is 9-11 smiley

Trump was a president already in the year 2000, from the episode:

They just showed this picture on Swedish television, they asked the creators how they knew that he one day would be the president. They answered that they took the most unlikely pick. I think that is a lie and they picked Donald Trump bcos the owner of Simpson, FOX told them. How ironic they got two channels 9 and 11.

If Trump is an elite puppet, that is very bad news for America as well as the rest of the world. Lets hope he is the real deal, but his got an extremely difficult task.

Trying to answer your question about blood in the streets SilverBelle, maybe the infamous Bo Polny has the answer, enjoy!

MELTDOWN 2016 - God’s MOMENT of Judgement! – Bo Polny
Wed, Nov 9, 2016 - 10:01pm
SilverRunNW
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Polny

We're witnessing the meltdown of Bo Polny.

Thu, Nov 10, 2016 - 4:26am (Reply to #9443)
Solsson
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SilverRunNW wrote: We're

SilverRunNW wrote:

We're witnessing the meltdown of Bo Polny.

Yes he is an enigma, making many stupid calls. However this latest analysis is corresponding to another analyst that I respect a great deal. So far not so good, indicies around the globe are in rally mode at the moment.

It was a serious attempt to answer SilverBelle's question. Still waiting for three digit Silver in 2016 though indecision

Thu, Nov 10, 2016 - 6:39am (Reply to #9444)
SilverBelle
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Thanks for posting the video

Thanks for posting the video Solsson. Interesting that he picks Nov. 16-17 as his crash date. IIRC, Nov. 14 is an inflection date.

Thu, Nov 10, 2016 - 12:53pm (Reply to #9440)
fslade
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Thank you. Interesting,

Thank you. Interesting, especially nice to be reminded of how old money are the ones really in charge and how they don't want Mad Max any more than us plebs do, they need people to make their silk ties and drive food to Harrods. Let's hope it is in all our interests to unwind the bond market without a period of industrial stagnation and us plebs standing in queues for food. 

PS. "And he knows how to manage debt overload. The US needs that kind of leadership."

This reminds me of Peter Schiff's comment about Madoff, that rather than put him in jail, "we should have made him Secretary of the Treasury, as he has the experience we need, of running a ponzi scheme". 

Fri, Nov 11, 2016 - 8:48am
Pete
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Weekly Gold as of Thursday

(Good to be back to this island of sanity. Boy I'm glad this election is over. Above posts are great food for thought.)

Things in the gold market look pretty sane from the weekly chart as the greater probabilities play out. Gold now trades under the "1/2 R line" (not drawn) and appears to be on its way to R1. The Trump rally got sold at the area of primary technical resistance. R1 remains the key line to watch, with other important support lines (includes Fib zones) lining up nicely to support a new correction low in the prior p4 area, near the 50% R level, sometime within the next 4 weeks.

The shares of explorers and developers that have been savagely beaten lower (thanks to ill-advised professional sell recos in thinly traded shares, imo) should be terrific bargains for the braver souls among us, should gold hold at R1. If it doesn't, uh-oh. (That would be time to draw R2 with potential to 1115.)

Fri, Nov 11, 2016 - 10:13am
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Very true.The problem now is

Very true.

The problem now is decision - are we there yet? I mean at or near the reaction low.

Value is a lot better than it was in July, and that's a plus.

Likely now to 4 weeks from now I think. But which week ...... ? Decisions .... deshmisions

There is a wave which takes about 20 to 25 weeks and we are entering the window for lows. We tend to see a Christmas rally, which may or may not appear after such a low, but a new president for the US tends to provoke stock (and possibly gold too) falls to lower levels for a while, like eg six months or so. But is this Prez different? Both sides opposed him and he won. Hmmmm. That last factor is the challenge methinks if this is to be finessed to a greater degree than just buying now-ish.

And there is a price that gold has not yet tagged for the decline. Maybe I have to split entry transactions. That wouldn't be difficult.

argentus maximus Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Fri, Nov 11, 2016 - 10:23am
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November 21st, and

November 21st, and 25-28th may possibly generate price moves requiring attention, care to stops, entry etc. (and just maybe 15 Nov) On the whole the month of December looks like being more active but that's too far away for now.

argentus maximus Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Fri, Nov 11, 2016 - 1:02pm
Solsson
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I do not like Trump one bit,

I do not like Trump one bit, Silver down -6% . Nice weekend present Donald yes

hopefully the end of 2/b and a restore of a 3/c soon.

Sat, Nov 12, 2016 - 12:58pm
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Ronnie Fattal's weekly chart analysis

Donald Trump = strong $? I don't get it, that to rebuilt America it will require capital, where will it come from? And this will cause falling prices? I am very suspect to this bearish action in gold since the election. I am in the camp that it is still corrective(maybe just my bias?)but everyone appears bearish at this point because of this past week action that I am very suspicious of but it has left me being in a wait and see mode before I go long for a while.

Elliott Wave Analysis of GLD, Platinum, Gold & Silver as of 12th November 2016