Discussion in 'Bullion Investing' started by Soiled, Apr 1, 2016.
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I don't recommend other people do it.
I've been doing a long time ... and that was essentially part of my major in school several decades ago ... so I'm comfortable following the global markets and making moves at certain times.
So I'm all good .. that's the reason I had already pulled out.
At this point, technically, in ways an entry is already a "win". If ppl do nothing and ride out this market that means they have to go down before they go up. I've already skipped part of the down so let's say I jump in now (which I'm not going to do). I've already skipped the down and if I bought the same stuff I got out of I'll have more shares, and thus the "up" will be better than if I just held; irrelevant of how much farther it goes down.
In the past couple years I've refined my trending analysis adding political and .VIX to it. In the past I added incidents like Greece to it, etc etc. All varying dependent upon individual stocks/market segment, vs funds, etc.
But it's all just fun and games
Heeeeyyyyy, it's the happy anniversary of the Big One ehh? I wish I could find a silver round or bar that commemorates it. I seem to recall that there is an Art Bar commemorating Black Tuesday. I'll have to check my Art Bar book.
smackdown today in the equities markets
with a strengthening US Dollar Index
silver down 7 cents
Gold is up slightly $2.20, contrarian to the Dollar Index
and my favorite Platinum down $3. I nearly bought some when it was in the mid $900s going down. LOL but the seller wasn't that motivated to sell .. it's been going down since too.
I knew I should have bought those contrarian funds a week ago.
Yep, you got that right! Besides, silver isn't that low yet, at least not for me, but it's going in the right direction.
The Wall Street Gods giveth and taketh away. That is the way it is now and has always been. Nothing new to see here.
" no, no, don't listen..."
is that like the Robotic ETFs that they have?
Not until after the elections and probably not until progress is made on tariff negotiations.
real quick ... Market is down and PMs
PPI, which is the "news" today is as the economic indicators are pointing up to inflation. They calculated .6% instead of the estimated .2%
although the Fed "expects further gradual increases in the target range for the federal-funds rate" they did leave rates steady at 2-2.25%
US Dollar Index is UP
and all this is driving SILVER
Man .. I might just have to use my CreditCard to get me some PMs and pay it off as my monthly cash surplus went to fix stuff. LOL
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