Loading ...Fire up you old farts….dollar is realizing what I’ve known for some time.
See anything boyz?
The market has figured out with Warsh’s no hike and doublespeak, that he is a Trump man. He’s not going to raise rates, and if you thought he was, you don’t know Trump very well yet. He would have cut his balls off….
GDP weak today as well as the PCE for June, all point to no rate hikes. The dumbasses are still showing a rate hike expectation for September…good luck with that.
Yields up on the long side and down on the short side…what does that tell you Columbo? Fed will start QE soon, buying the short end and letting the long end go…curve steepening in the batter’s box.
You want some gold and silver porn? Watch the bald guy, excellent video put out last night and sets the table for what’s about to happen in the next 6 months.
As the intro song to the Jefferson’s used to say….”Cause we’re moving on up…to the top….”
Good day to all….
Oh, and another wonderboy with no real world experience started his own HF and has flamed out…gee, too bad. Came from OpenAI and invested in AI stocks…with leverage…how original.
https://www.cnbc.com/2026/07/30/leopold-aschenbrenners-hedge-fund-is-facing-steep-ai-losses.html
WELCOME BACK KOTTER 🙂
“Yields up on the long side and down on the short side…”
Only they are not.
They are up on both ends. (at least as of several weeks ago … anyone have an update?)
https://danericselliottwaves.org/wp-content/uploads/2026/07/UST6M.png
Trump wants 2.50 gas too. Is he shooting refiners now?
Yes, Warsh is Trump’s man. But what is Trump’s plan?
And is Warsh willing to TIME his moves, say to sidestep fallout if he moves before the elections?
Warsh has said no more ‘bailouts’. Does that include Treasury?
Bessent has already told BoJ to chill on their normalization plans. Again, merely delay?
LT yield rising faster, look at next chart.
If their lips are moving, they are lying. Watch what market tells you, not what they say.
Just went through Market Sniper, Gareth Galoway, Martin Armstrong and Goldfix. Only the Market Sniper and Armstrong think a rally will start in gold in the next few days and go to as high as $4600, but no further this year. Sniper thinks 2027 will be an exciting year for gold and silver. No one is excited about silver but they all think it will follow gold up. Michael Oliver’s $300 silver was always silly bordering on delusional.
Yeah, I don’t think we are blowing away the highs this year. I’d settle for a resumption of the uptrend, and would love to see the targets set by Don Durrett in 2028. Just like him, I’ll be exiting PM stock positions when gold hits 7000 and scaling out. If you buy high quality producers and developers (producing in the next year to year and a half), you’ll be out with 4x your money (or better) imho. For me, that sets up retirement just fine.
I should have suspected reaching this next move up to be the most excruciatingly painful possible. Next week will be the deciding factor. I think next week has been going on for months now. Maybe the real thing this time. Screw this.
The white wizard is cunning….aka, this cyclical bull market in metals will try and buck you off ever chance it gets. Good luck staying the course…it’s painful.
Trump’s short war now has been established as ongoing for the rest of the year and into next so it will just exist in the background.
We’ll see, pause was just an excuse for IRGC to regroup and shore up offensive and defensive capabilities. If we continue bombing, and encourage and convince other Arab nations to do so, Iran becomes a toothless tiger, getting a small victory here and there, but will have no real allies in the region. People need to eventually displace IRGC, but have to have the balls and guts to do so. Don’t want a ground offensive. Too costly for US lives.
If my sons get drafted, Trump will have forever lost his base and my support.
ZERO CHANCE …ZERO !
Agree, I think Trump is smart enough to know a draft would be great material for dems…highly unlikely unless the whole world goes to war, and then it’l all FUBAR anyways….