The setup for the big trade

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Thu, Nov 7, 2019 - 6:59pm
Solsson
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The EL is in the details ...

The EL is in the details ...

That reminds me of my newly installed EL-evator. When you go to Solsson you will see the sunnumber reversed and that enigmatic coptic-key with 21 dots.

I've just discovered that I am a 49 whatever that means. My personal number is 21:14:14 that is 7+7+7+7+7+7+7, seven times seven and I am in heaven. No I am not that weird that you might think.

Thu, Nov 7, 2019 - 7:16pm
Green Lantern
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AMs question....

AMs question....

Is the question when was the last time it traded in this volume area or what happened last time it traded in this volume area and where is the next volume point of control in the lower trading area? We do not want to violate that on the yearly. Postive factors next week or so, but don't think it's going to break out of this range??

One cycle in gold that I'm tracking just past. It broke down on the midpoint but should reverse for a little while but probably won't be trading gold into New Year, 2020.

We need to stay above the lower black line for the rest of 2019. That's the lowest bullish reversals. Others not reflected. below that, bass solo. Above that before the end of the year. Good.

Fri, Nov 8, 2019 - 9:28am
Green Lantern
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No chart.

No chart.

Silver is reinforcing the same issue as gold. It's stuck bouncing around the congestion volume line. Bounces below, and then back up. There are days where there are consecutive pivots or pivots every two or three days and looks like it's going to continue that way until next week. Whipsaw song?

So your trades have to sit through alot of bumps awaiting to get your price until the next pivot.

There are four seasons. Those are the most powerful points of the year. And there are midpoints in the season. When was mid-Fall and what happened on and around that date?

Gold/silver not adhering to it's favorite season correlation as I mentioned a few posts. gold/silver likes November.

It would be cool to look at correlations between temperatures. Where I live, temperatures are well above normal, except today.

Fri, Nov 8, 2019 - 10:05am
Green Lantern
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This is Not A Drill

The financial dangers that await us. Banks holding junk bonds, corrupt credit agencies, ticking time bombs, and an indicator that has been 100% accurate for 7 recessions. She provides a 1929 analog. NOt necessary a cyclical analog to time the markets, but a fundamental analog.

She has a tall talent stack if that's important to you.

Danielle DiMartino Booth of Quill Intelligence at Stansberry 2019 Conference, Las Vegas
Fri, Nov 8, 2019 - 11:13am
zman
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@GL

1. "It's a liquidity crisis" Well, I really wouldn't go that far. QE isn't going to allow a liquidity crisis and that's exactly what we're seeing.

2. "the banks don't have to put it out or loan it" Exactly, banks haven't been loaning money into the real economy since 2007. We can't have decent credit growth into the real economy and low interest rates. The goal is credit for The Elite and debt slavery for the peasants, so far so good.

3. "Banks aren't LENDING to each other. The monetary base is falling" Yes, I posted several times about the monetary base falling, but that's the goal here. It's about getting the money out of the economy for the bottom 80%. We're going to negative interest rates, must have deflation.

4. They (banks) are going to be seller of equities" That's pure speculation. I highly doubt that's going to happen. The Fed isn't going to allow that to happen.

5. "Jamie Dimon has been complaining about negative interest rates....they have the money but ain't lending it out" Dimon is full of crap, I wouldn't take anything he states at face value. It's the perfect excuse not to lend money into the real economy, that's why he's saying it. BTW, JPM doesn't need higher rates to make tons of money and their stock is evidence of that fact.

6. "When the banks have no liquidity, they have to sell everything they have to raise money to cover losses in these questionable hands" Yes, under normal circumstances, you are correct. It's a new world today, The Fed doesn't even have to get approval to give unlimited amounts of money to any bank at any time. These are not the same 'markets' as the past and shouldn't be treated as such.

7. "the DOW could come down while epic pumping is going into the system" Again, anything is possible, but the evidence clearly shows low rates and massive QE is stock market positive. The Fed is just warming up here, there's still trillions worth of corporate bonds AND stocks to buy.

As we can now see, the global stock markets are moving higher because the fear of recession is now over. Gold and silver are in big trouble here as the 'dumb money' nows realizes they're in the wrong space and go back into the stock market. The Repo "crisis" is over, end of story. In 3-6 months from now, nobody will even remember it. This is what happens when The Fed comes in and paper things over.

Fed Secretly Bailing Out Banking System AGAIN!
Fri, Nov 8, 2019 - 12:59pm
Green Lantern
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Zman,

Zman,

I have nothing really to add to my case and the case made in the video I just posted.

The Vix I posted shows market at all time Greed levels. Japanese Yen sells off in high risk environments. The correlation between yield curve and recessions ABOVE.

It's just not gold and silver in this fluttering pattern, important inter market/currency pairs too. complacency. Nobody is really convinced of anything

Hence, my warning that technically markets are dangerous.

Add a political observation.

A billionaire just announced his intention to join the race of democratic candidates. Good friend of who? Hillary Clinton.

If Clinton announces her candidacy with Bloomberg on the ticket. How would you feel about that?

Put that into the markets.

Fri, Nov 8, 2019 - 7:09pm
zman
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COT Report

https://www.cftc.gov/dea/futures/deacmxsf.htm

Again, this was as the market close as of Tuesday, but it wasn't good at all.

"Dumb money" went even longer as the Bankers added even more to their net short position. They were net short over 317k contracts. Bottom line, the sell off has just started this week. The bankers have a ton of short contracts to get rid of at much LOWER prices. I'm sure some contracts were covered in the 2nd half of the week, but it's still just getting started.

Sat, Nov 9, 2019 - 4:02pm Pete
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@Pete, if you add TradingView

@Pete, if you add TradingView URLs as an image instead of a link, it will display the image. It also automatically wraps it with a link so it is clickable to enlarge. Fixed it for you.

For example:

Sat, Nov 9, 2019 - 11:29pm
silver66
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For all that like symmetry and ratios

I think you will enjoy this video

Welcome to the Golden Section

Silver66

Silver66 Rage against the dying of the light

Tue, Nov 12, 2019 - 12:31am
zman
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The Billionaire Baby's Club

https://www.marketwatch.com/story/mark-cuban-picks-apart-elizabeth-warre...

Let's see who we have here lately, Leon Cooperman cried on CNBC about a potential wealth tax. Bill Gates wasn't too happy about it. Mark Cuban is now throwing a fit about it. Jamie Dimon is concerned wealthy people are being "vilified".

The fact of the matter is that all of this "wealth tax" should happen, but will never happen. The uneven distribution of wealth must continue for the system to exist. The Elite don't spend their money, they hoard it and lock it in a box. If we hike taxes on The Elite and that money is used in the real economy, it would cause real economic growth and inflation. Obviously, that can never happen with the levels of debt in the system. In fact, even more wealth needs to go to the very top to live in a negative interest rate economy.

There shouldn't be any billionaires in a true free market, but maybe buying off the government and controlling the financial system is a free market in some people's minds.

So don't worry Billionaires, this is all talk and nothing more. There will be no wealth tax, in fact there will be even more tax cuts for The Elite down the road as more consumption taxes are put on the peasants. There isn't any choice at this point, they must continue with the plan.

If you listen to some of the last gold bulls today, what's their last investment thesis at this point? 'A socialist is going to get into office and cause hyper-inflation!!!' Yeah, right of way. The free money is going to be mailed to you in short order!!! I'm sorry, but that's NEVER going to happen. No UPI, no Medicare For All, none of it.

Did they forget what happened under the last "socialist"? Obama created the greatest wealth and income in over 80 years!!!!!

Tue, Nov 12, 2019 - 5:23am
Solsson
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Ankeborg
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Fullmoon low?

Fullmoon low?

Bought my first lot today, let's see how it unfolds. Semafo closed the mine for further investigation how to keep transports of people to the mine safe.

https://www.avanza.se/aktier/om-aktien.html/319556/semafo

Tue, Nov 12, 2019 - 7:59am
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Disney's "Stalingrad moment" approaches

>>>The Force That’s Now Driving ‘Star Wars’: Fear<<<

Link:

https://variety.com/2019/film/columns/fear-is-the-force-thats-driving-st...

I might have gone to the RottenTomato site to see how many prospective viewers had clicked the "I want to see it" button, but That's not possible.

That RT feature is gone these days, for some strange reason, ever since another Disney SW movie encountered problems.

Rotten Tomatoes has itself become a rotten tomato.

So I went to www.metacritic.com to have a looksee there about the upcoming Disney mass consumer product.

https://www.metacritic.com/movie/star-wars-episode-ix---the-rise-of-skyw...

I am curious to see how much internet based interference will be encountered by retail level critics of this Disney product as we get closer to December 20th.

I haven't looked to see if any other studios have been brave enough to go up against SW The Rise of Skywalker with a big budget production. I don't think there is another due for release about that time, so Disney will be unopposed on this one.

The movie launch date is not an inflection date for my social or financial market systems. Maybe I should apply them to DIS specifically as opposed to indices? If I find something specific I will report it here.

DIS has had a BIG stumble already, so I am mentioning that. Giants, despite their strength, can trip over rocks too.

argentus maximus Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Tue, Nov 12, 2019 - 8:05am Solsson
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@Solsson:

Based on bonds more than precious metals, (but they're linked) I'm looking for reversals or breaks between November and February.

You could be the early bird and get the worm.

argentus maximus Rhythm and Price http://www.greenhobbymodel.com/rhythmnprice.html This analysis - global markets
Tue, Nov 12, 2019 - 10:45am
Green Lantern
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https://www.digitaltrends.com

https://www.digitaltrends.com/home-theater/disney-plus-problems/

This is what you call a black cat in the matrix?

What did you see Neo??

The indicator for Disney of it's power of it's Zeitgeist was today.

Tue, Nov 12, 2019 - 11:05am zman
CongAu
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Thou shalt not kill.

Thou shalt not kill.

Oh drat, let's do this in English.

Don't kill.

Don't commit adultery.

Don't steal.

Don't tell lies about people.

Don't fancy your neighbours wife.

Don't be jealous of what your neighbour has.

Sounds like a really good set of rules for society.

In fact let's talk about the ones that you feel comfortable with.

If there was an area where everyone believed in the above – I would move there.

Is there someone that you feel comfortable about stealing money off, please tell me why ?

Wealth is a bell curve – A few with a lot at the top and the masses with little at the bottom.

This will work well for politicians – vote for me and I will give you that rich person's money. The person with the money just needs to be evil, to make it all right. That could become “All rich are evil.”

Ergo there is an inherent evilness about having a little more money than average. Therefore, who would want to create jobs.

So finally, where do you get a job when all the bad people have gone ?

Tue, Nov 12, 2019 - 2:29pm argentus maximus
Solsson
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Ankeborg
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argentus maximus wrote:

argentus maximus wrote:

You could be the early bird and get the worm.

I've got a can full of worms, not all are that tasty.

I did a calculation yesterday before I went to bed. My personal number is 21:14:14 so I multiplied them, 21x14x14=4117

Today I watched gold and the LOW was at 1449.06. Just for fun I tried to multiply them as well. 14x49x6=4117

2 totally different calculations within 24hours showing the same result.

It felt like something was sticking out it's head and said pickaboo ...

Tue, Nov 12, 2019 - 3:30pm
UncleFester
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Update

Came within $3 of being stopped out of latest swing trade this morning. Daddy needs a new pair of shoes! Cheers, UF

Just because I'm paranoid, doesn't mean they aren't out to get me.
Tue, Nov 12, 2019 - 6:48pm
Green Lantern
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Solsson, Your Semafo vibrates

Solsson, Your Semafo vibrates to 2 (I did it quickly). It likes even numbers. High and low. 4 and 2 good match.

Burkina Faso vibrates to hell. I figure you know they have the goods.

-----------------

Gold dropped below last weeks low, and dropped below yesterdays intra-day low. Two breaches. That puts it bearish on daily and weekly.

Dollar keeps rising.

Stocks keep squeezing more out. November targets not working. Could move this in December. I'm just standing back. Past my deadline.

I found a gold analyst with well over 20 thousand active followers making fun of traders who made profit in the run in the indices. There is some kind of divine comedy in that calling people who made money sheeple and those who are still sitting in a deficit enlightened.

Gold bugs mock non-gold bugs.

We got ourselves a regular reverse bias. Not just race anymore. It's ok to be white and it's ok to win in whatever market you like. Might need to pass this on to somebody with more voice than me. Ain't gonna work. Cernovich is pro-bitcoin and not so hot on gold.

Others mock gold bugs

Bitcoiners think gold bugs are antiquated.

And gold bugs think bitcoin and dollar is all fake.

And none of them have any long term charts.

This is the world we live in. A flip the dice, my way is better than your way. You suck because you're a looser part of the sheeple, while I'm enlightened.

The way things are working out. Everybody is going to be wrong on all sides, at least for a time. And once they become right, they are going to forget how long they've been wrong.

I'm moving to the woods.

Tue, Nov 12, 2019 - 6:52pm CongAu
zman
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CongAu wrote:

CongAu wrote:

Thou shalt not kill.

Oh drat, let's do this in English.

Don't kill.

Don't commit adultery.

Don't steal.

Don't tell lies about people.

Don't fancy your neighbours wife.

Don't be jealous of what your neighbour has.

Sounds like a really good set of rules for society.

In fact let's talk about the ones that you feel comfortable with.

If there was an area where everyone believed in the above – I would move there.

Is there someone that you feel comfortable about stealing money off, please tell me why ?

Wealth is a bell curve – A few with a lot at the top and the masses with little at the bottom.

This will work well for politicians – vote for me and I will give you that rich person's money. The person with the money just needs to be evil, to make it all right. That could become “All rich are evil.”

Ergo there is an inherent evilness about having a little more money than average. Therefore, who would want to create jobs.

So finally, where do you get a job when all the bad people have gone ?

"Wealth is a bell curve- A few with a lot at the top and the masses with little at the bottom"

Well, that's how it is today, but that's not true in recent decades in the US. It was a much more even distribution. http://apps.urban.org/features/wealth-inequality-charts/ So it doesn't serve any purpose to make a generalization without the facts.

"vote for me and I will give you rich person's money"

No, it's about vote for me and I will return to past distributions of wealth that benefited the vast majority of US citizens.

"where do you get a job when all the bad people are gone"

Is this some sort of argument for the status quo or something? If we don't have massive wealth inequality, there won't be employment? I have news for you, The Elite can stay rich and the peasants can have a decent standard of living at the same time. Do you remember the 1950's, 60's, 70's and 80's????

Tue, Nov 12, 2019 - 7:45pm
zman
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Middle Class Tax Cut? NEVER!!!!

https://www.zerohedge.com/markets/tax-cut-20-back-trump-exploring-cuttin... "trump exploring cutting rate middle class 15%" Which basically means a $0 for most people in the middle class. Trillions in real tax cuts for The Elite and $0 for the peasants. And people are still wondering why there's no inflation.