Gold Cannot Seem To Make A Move Even With Fiscal Cliff [View article]
indian rupee seems to be the indicator for gold. When the rupee is high and appreciating people trade their rupees for gold. when it is low, they accumulate rupees.
what you are seeing in the beginnings of the keynesian endgame in japan. bond market will collapse. equities will soar as they have are real assets in comparison to the yen and govenrment bonds which are just promises. promises that you will be able to buy things with your yen, promises to repay. the govenrment cannot make good on these promises. the real reason not to buy the Nikkei is that it is overextended and needs to drop back down and make a higher low
Yen Doesn't Live In A Vacuum: Shorts Take Notice [View article]
we are finally seeing the endgame in japan. my prediction? JPY strength as QE 3 and 4 begin in ernest. get some of the short speculation out. concomitant drop in nikkei.
then after everyone thinks its back to business as usual, then we will see JGB collapse. causing yen to drop and NIKKEI to explode to the upside. latter part of the year.
NIkkei is forming a bull flag. need to drop back and form a higher low first
Silver: Will $28 Hold, Or Are We Going Down To $22? [View article]
Avi my definiton of a bottoming process does not exclude the possiblity of a further drop. just that the weak longs are finally being flushed out after stubbornly trying to trade this market based on fundamentals.
The Mainstream Economists (Finally) Realize Bond Vigilantes Are Mythical... [View article]
not sure why mainstream economists were fooled. i think they stick to their books to explain the world rather than observing charts. this is why the economy should be run by traders rather than technocrats. traders observe and react. the tape is the truth. god bless america
The Mainstream Economists (Finally) Realize Bond Vigilantes Are Mythical... [View article]
it was easy to predict when further rounds of QE would come. Primary dealers hoard treasuries so they can sell to fed. Qe comes they unload. rinse repeat. muted response to mBS qe understandable due to high demand for treasuries in expectation of unsterilized continuation of twist
Silver: Will $28 Hold, Or Are We Going Down To $22? [View article]
AVI you are the man. Any person that does not believe in elliot wave is a fool. Clearly markets are not efficient and driven by speculation. Clearly speculation comes in predictable patterns that repeat themselves over history. I have gotten decent at recognizing 1 waves, waiting for the pullback and then entering. Thanks for sharing. COT report shows a massive move coming and a bottoming process starting now.
Gold Cannot Seem To Make A Move Even With Fiscal Cliff [View article]
BOOM! Goes The Molycorp: Avoiding 'Manic' Stocks [View article]
BOJ Faces Inverse Volcker Revolution [View article]
BOJ Faces Inverse Volcker Revolution [View article]
BOJ Faces Inverse Volcker Revolution [View article]
Japan's Big Keynesian Plans Could Push Gold Prices Higher In 2013 [View article]
Time To Buy Japan? Probably Not [View article]
Yen Doesn't Live In A Vacuum: Shorts Take Notice [View article]
Yen Doesn't Live In A Vacuum: Shorts Take Notice [View article]
Yen Doesn't Live In A Vacuum: Shorts Take Notice [View article]
then after everyone thinks its back to business as usual, then we will see JGB collapse. causing yen to drop and NIKKEI to explode to the upside. latter part of the year.
NIkkei is forming a bull flag. need to drop back and form a higher low first
Silver: Will $28 Hold, Or Are We Going Down To $22? [View article]
Silver: Will $28 Hold, Or Are We Going Down To $22? [View article]
The Mainstream Economists (Finally) Realize Bond Vigilantes Are Mythical... [View article]
The Mainstream Economists (Finally) Realize Bond Vigilantes Are Mythical... [View article]
Silver: Will $28 Hold, Or Are We Going Down To $22? [View article]