Is that Vincent Kurt Bellman? The one who was a named defendant in a Federal Court order to stop disenfranchising Latino voters in Pennsylvania? That can’t be right. A bigoted racist like that wouldn’t have such support on a message board unless...well, like I said, couldn’t be the same guy.
By the way, the HISTORICALLY LOW and continuously low velocity of money also means something else - that the connection of inflation to money supply has been broken, at least for now, and with each passing month, more possibly for good.
No, I was the Director who SUCCEEDED the one where the "crimes" were committed. The Department of Justice descended on me on the third day of my employment, and was named because the CURRENT one has to be named. Idiot! The consent decree had lies in it, insisted upon by the DoJ, who ALSO insisted I not have my own legal counsel. Why should I? I wasn't there when the events occurred. Your post has been reported to the mods. The USDOJ is THE most corrupt organization in the country! By the way, they tried the same case on Philadelphia, and Philly kicked the Feds' butts in court. They had the stones my bosses did not.
... **checks thread** **double checks thread** **makes sure still in bullion investing** 1 cent and please don't hijack threads. Feel free to create your own thread in the proper sub-forum.
I'm fascinated that some bullion and coin collectors don't like charts, history, or even math. As an engineer and an avid collector, I live for all three. As a skeptic, I question anyone who can't support their theories without math, charts, or history. I call them BS artists.
Hmm. In engineering, you support your theories with math and history (observations), but you present some of that information with charts, right? It's the numbers that support you, and the charts that bring other people along. Of course, I can think of other disciplines that support their theories with math, charts, and history. Astrology comes to mind.
I’m one such. The charts reveal nothing at all of use. Nothing. That’s all past. Too late to inform today or explain tomorrow.
One of the things about charts is that they can SOMETIMES predict a coming geo-political event, similar to the way astrology claims to. One example would be that mid Aug. 2001 the US dollar index broke down out of it's downtrend, pointing to some unforeseen event causing the US Dollar to start losing value compared to other currencies. (primarily the Euro and Yen) This was also seen in the stock market at the time. The 2 arrows point to breakdowns signaling the potential for coming events that would be negatives for the US. The following chart of the DXY (US Dollar index) shows that the dollar is nearing the end of a pattern called a rising wedge as seen with the purple trendlines. This is not a very reliable pattern, but it does break down 74% of the time. A link to the statistics of this pattern. http://thepatternsite.com/risewedge.html I believe this chart is showing that there is POTENTIALLY a geo-political event coming in the next month that could cause a lack of confidence in the USDollar, causing a break down out of the pattern. I included the Fibonacci retracements to show that the DXY has retraced .618 (61.8%) of the move from the high to the low. The .618 is the most relevant of the retracements as it is a derivation of the golden ratio. These can often be seen as a self-fulfilling prophesy as enough traders pay attention to it that they can cause it to have an effect. This goes for many patterns and signals. We don't know the future until it happens. We can make ourselves aware of the possibilities and knowing them helps us to make plans IF something does happen. Like seeing DXY break up through the orange down trendline in April would have been a sign that investing in bullion could have been bad timing April 2018.
Charts are past prices. Period. Nothing in ANY past price can foretell ANYTHING about future events. No how, no way.
Anyone with a tiny bit of intelligence can make and explain a chart. When the chart is proven incorrect it can always be explained away by another chart.
That makes no sense at all. What I can do has nothing to do with what you can, or can't. If it is as easy as you say, then show us. Otherwise the only logical conclusion is that you can't because you are not capable. Please demonstrate to us that you have at least the minimum requirement. If you are trying to imply that my tiny bit of intelligence is enough to draw and comment on a chart, then your example should be at least as good as mine, if you possess at least an equivalent tiny bit of intelligence.
Apply a little common sense wil ya? A chart is like the weatherman. They tell you what is happening then when the weather does something else they always explain it away. You claim your charts show us that in April buying bullion would have been a bad move. It's December and you need a chart to tell you that! I don't. I'm sure others don't either. Charts only reflect the past. Hindsight is great but it doesn't help. You need foresight and a nice chart to go with it so we'll all know by the end of this month what the PM's are going to do next month.
And one of the things about a sign that blinks "HEADS HEADS HEADS" is that it can sometimes predict an upcoming coin flip. In fact, it can often come pretty close to a 50% success rate. And if you have a sign that randomly blinks "TAADS" and "HEILS", you can retrospectively show that it predicted a coin flip correctly every single time! You just need to focus on the relevant aspect of any particular flash.