What do You Think about Today’s Action ?
1…Dead Cat Bounce in EVERYTHING
2…Dead Cat Bounce in Dow …Beginning of a Move in Gold
3…Beginning of a Move in Dow ….Continuing chopping in Gold
4….Everything is going Up now…
5…Everything is Uncertain Now…wild swings both ways
Since there isn’t any comments, I thought I would respectfully leave one for #6… Did Gold Tent recently move forward or backwards? IMHO, I believe it went backwards.
Duly noted Optional.
Maybe we are like the markets ….can’t go up in a strait line.
Regards from Mojo
🙂
In regards to #6, I believe it was a nice move forward. It was like we took profit.
Tbone wins award for line of the day.
I was curious how long it would take an aftershock to ripple through…it has been surprisingly mild which maybe speaks volumes. I don’t understand the allure but to each their own. In the end you never have to wonder where the departed currently stands on the gold situation…it’s always To Da moon.
Frankly, I thought Fully was more than accommodating to a GUEST. I would have activated the steel toe long ago for amount of coddling that was required.
#2 & #5 “Whatever it takes” to corner the masses IMO. The CB’s print the paper, have positions in the SM’s, own the Physical Gold and set the rates? If the CB’s decide the money needs to flow it’s going to flow….It appears they may have a bit of paper they would like to clear from there balance sheets said Ol’ Yeller recently. IMO MSM muppets will spread the word to the masses until this is process is completed who knows if it will be successful? Patience, I’m working on my patience. Trying not to get in the way of the trend(s). Sure seems the FED has changed it’s tone in the last 3 months?
leaning toward #2