Loading ...Huddle Up Gold People.
OK…LETS VENT.
Most here feel it is totally ridiculous for gold to be struggling to find a bid in this Chaotic uncertain time of Helicopter Money and Fluke Presidents and Korean maniacs and Bifurcated Countries…and and and
But is this truly THE most Volitile and Chaotic time we have lived through. Um NO ?
When was a less volatile time in the last 100 years than right now ?
Rambus Post last night has 100 year charts. This Bull market Started in 1931 and is still going up.
So we are all hear for the same reason basically . We want Gold to go UP to show all those idiots running the fiat scam that we are smarter than they are . And we want to get filthy stinging rich in gold without having to pan for it.
Also we WANT that damn Stock market Paper Mill to blow up because it is immoral and irrational and a casino. We Go Long Gold and Short the Dow and we deny the Gold Bull is off the Island for now and IGNORE its a Dow Bull !
I know. I Know not YOU……… But… ya you !
“The Market can Stay Irrational Longer Than You Can Remain Solvent.”
John Maynard Keynes
http://quoteinvestigator.com/2011/08/09/remain-solvent/
The real quote is even better
“There is nothing so disastrous as a rational investment policy in an irrational world.”
Gold
Sheesh
May be time for gold as money is over, may be it has a certain characteristics that no longer allows to be considered as money as humanity is going through a huge scientific and technological transformation.
But free market is coming up with best money system the world has ever seen and it is called cryptocurrencies and blockchain technologies. right now this technology is going through an intense evolution. And it has all the characteristics of the gold money and much much more
Wow…well now that is Interesting to say the least ! Where the hell did you come from Tom?
Please do a new Post regarding what you know about this and how you know ?
Looking forward to a blockbuster post for the sidebar
tia
Simple question: doesn’t volume increase as prices rise in a bull market? If so, why then has volume been dwindling since 2009 in the stock market? Just look at the quarterly charts in Sir Rambus’ post. I would suggest that something may be broken.
Good Point. That’s why its the most Hated Bull Market in History…nobody is in it except thru their mutual funds in their pensions. and the thin volume makes it easy to go up… when the same folks, Pensions and Insurance Companies etc, are mandated to buy SOMETHING….as long as its NOT in the gold market ! Good point Neil .
. . . so, why then has volume been dwindling since 2009 in the stock market?
Corporations buy back shares resulting in less shares to trade.
Large tech companies no longer do stock splits – new shares not created.
More companies bought out by Private Equity Groups due to Dodd Frank Law and other regulations enacted since 2009.
Few IPO’s – companies staying private.
What about silver? Is JPM trying to corner the silver market?…https://seekingalpha.com/article/4066049-jpmorgan-trying-corner-silver-market…does anyone believe that physical silver in the form of bars or coins has the ability to become a “tulip bulb type mania”? Was the price moves that occurred in 2011 a preview of this?
Well here is my theory… JPM, instead of trying to corner the silver market they are trying to corral it!
by definition corral a verb to gather together, confine
What is needed is a goldilock price, that is, not too low and not too high. A price that will allow the miners to make a small profit on silver or as a good byproduct for their bottom line. That is where not too low comes in. And not too high to allow manufactures using silver reasonable prices. And a range bound price to keep the speculators frustrated.
So it has been put out there the JPM is an agent of the Fed. So could it be that JPM has been given the job to keep an orderly silver market?
Gold’s time is coming, there is no doubt. PMs have been money for thousands of years. They continue to be money.
First comes the deflation, then the inflation. Trust in paper currencies will evaporate. Got gold?
Yes don’t forget the Tulip Bubble https://en.wikipedia.org/wiki/Tulip_mania
Sooner or later reality always sets in and it is never different this time!