Sunday, February 26, 2017

THE DARKEST HOUR IS JUST BEFORE THE DAWN

We are on the cusp of an epic move in the precious metals. How do I know that? I don't. Not really a clue actually. I just pulled the headline out of my ass like a lot of KWN salacious headlines. By the way KWN has excellent guests but Eric does take liberties with his headlines. 

Everyone in the metals trade is on edge. After years of manipulation we had a massive bull run for four months with no significant pullback for the scared investors to buy in. It just went straight up in the miners until we were oversold on the weeklies for a one month correction then soared again. You know the story. Most traders that held had 4, 6 even 12 baggers on some of these beaten down paper trades. 




Do I know if miners are going up this week? NO. Do I think they are going up this week? No. The only think I believe is they will be going up in response to a number of factors that I have no control of. I do believe they are in a long term bull market now but it is going to be the hardest bull for you to ride you can imagine. In the end a lot of money will be made on these pigs if you stayed on the ride and if they keep the casino open. 

You can do this honey!


That will be the trick. To keep the casino open. Again, I have no answer for that. They may very well shut this game down with almost no warning for you. Risk is everywhere so be forewarned, playing in this game will be like no other time and at some point you need a plan to get out the door with your chips.

Last year I believed they would do what they did with the shares by letting no one in on the trade without a pullback and I gained most of the move and even with the pullback at the end of the year had a triple in my portfolio. I hope this year has a great bull run for all of you but it will not be without pain. Sell rips buy dips.









105 comments:

  1. I've watched rodeos on TV and know you gotta stay on the BULL for 8 seconds. I think for a gold bull you gotta stay on for something like 8 minutes.

    YeeeeeHaaaaa ride em cowboy.

    ReplyDelete
  2. " Now look, boys. I ain't much of a hand at makin' speeches. But I got a pretty fair idea that somethin' doggone important is goin' on back there. And I got a fair idea of the kind of personal emotions that some of you fellas may be thinkin'. Heck, I reckon you wouldn't even be human beins if you didn't have some pretty strong personal feelings about nuclear combat.

    I want you to remember one thing: the folks back home is a-countin' on ya, and by golly, we ain't about to let 'em down. Tell ya somethin' else. If this thing turns out to be half as important as I figure it just might be, I'd say that you're all in line for some important promotions an' personal citations when this thing's over with. That goes for every last one of ya, regardless of your race, color, or your creed. Now, let's get this thing on the hump. We got some flyin' to do." hehehe.

    We've come a long way.

    -OH

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  3. MUX touches the 50MA for the turn and is ready to RIP...

    -SS

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  4. Wait, how can this be?

    http://seekingalpha.com/article/4049370-tesla-capital-raise-now-bankruptcy-4-months

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    Replies
    1. New sheriff in town, plug being pulled on the favored share status? lol What could be a safe haven for all of that $$$ rotating out of those equities falling out of favor?

      Oh look- gold & silver are still rising... Check yer hotpockets inventories, folks!

      -SS

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    2. SNAP should replace Tesla in your portfolio. SNAP has a sterling record of never earning a profit and losing gross margins (those margins are REALLY GROSS).

      Delete
  5. Is Buffett buying? How about Gartman? lol Hey CS- what's yer mumma say about SNAP? Is it a strong buy?

    -SS

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  6. Creating some volatility in SSRI on no news, Kli. Might be a decent entry point coming up here.

    -SS

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    Replies
    1. Epic stop-running beat down this aft, lol. They are using operant conditioning, lol -SS

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  7. "They" forced the cycle turn to go the other way midday, it sucks because they have the ability to cascade it now - Inlet, if you have a Hurst perspective to help now that this has been manipulated down, it would be helpful.

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  8. JNUG, Beautiful..

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    Replies
    1. buy more.....and hold....BWAAAAAAAAAAAA......oh wait........you bot friday and sold today at close.....hehehehehehehehehehehe

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  9. Replies
    1. Perfect, thank you - with the breakdown this Hurst model makes sense and aligns with what I see now. Hard to tell how bad they will smack it down until then.

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  10. LOL sorry I missed this slaughter today...........ripped the shit out of the chump stoppers and makin' the weak leaves that jumped on this wish they'd never heard of gold miners......shake um ...........oh to have held a lil longer.....

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  11. http://stockcharts.com/h-sc/ui?s=RIC&p=D&yr=0&mn=9&dy=0&id=p01126141736&a=509586289&listNum=1

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  12. Replies
    1. No chit. Many miners -8-11% in one fell swoop.

      Delete
  13. EXK

    http://stockcharts.com/h-sc/ui?s=EXK&p=W&yr=4&mn=4&dy=0&id=p00327187921&a=506201865&listNum=1

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  14. Spot price trend hasn't been broken yet.... will they or won't they?

    -SS

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    Replies
    1. today jist mite be funnn.........then again......wish i had sum cash yesterday

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    2. Yeah you and me both!!!!!

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  15. Spot price recovered and Ag is threatening another breakout... lol Share prices trying to recover. +4% or so...

    They have really conditioned us with the beatings to fear "the cascade".

    -SS

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  16. A couple o crumbs of information: 1) Today R2K was down about 1.5% 2) The VIX has started inching higher. Market looking a bit tired.

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  17. Last two days was to wash out the newbie hedge fund weenies in this trade.....nuttin but a shake and bake.....toofunny....nothing trades this way in any other sector....just a complete joke.....stay patient

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  18. http://www.zerohedge.com/news/2017-02-28/bofas-institutional-clients-are-suddenly-selling-everything

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  19. silver and gold both holding well over key support but miners getting stop ran like a bunch of rats on a sinking ship....shocking....sell sell sell

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    Replies
    1. Wow. You don't mess with these guys that print the money and "make" the "markets". So many ways to wealth extract so little time. Is Grandma gonna raise rates? Will all this phony debt we owe these asshole disappear? hehehe.

      -OH

      Delete
    2. Listen to this one, he's got to get something, anything going by the time it gets warm.

      https://www.youtube.com/watch?v=ZhQuL1nppAs

      Bought GORO, running out of ammo for this latest drop. Debt ceiling in two weeks.

      -OH

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    3. You were more patient than I was OH....Bravo....couldn't be at my computer until today to trade so jumped back in way too early but as this PM bull progresses all mistimed trades too early will be bailed out........I find this latest slam actually very encouraging for the near term. Tells me sumthin is up in the next few weeks and that probably could be Janets big "raise"...real economy is collapsing and they're backed into a corner with their bullshit meme....they might raise but if they do they'll spend the next few days walking the move back with fedspeak saying they're now on hold until the data supports blah blah blah. too many dollars in the system now and inflation pressure on essentials building badly. Stagflation is already apparent to the big boyz.....patience

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    4. Pressure is on and total success is priced in already. Anything less is a big let-down. Shares are down, so raising cash on the miners to buy phys is stymied. My dry powder is outside the trading acct and awaiting a phys order on a spot pullback which isn't materializing. Tough to resist dumping phys powder into the miner buys here. Dammit! Maybe just momo in on an index ETF, ATH? Where is kindle for guidance when you need him?

      -SS

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    5. most miners now firmly green........nice shakeout

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  20. Weekly & Monthly Netdania spot charts have the trend firmly in place. http://www.netdania.com/Products/FinanceChart/FinanceChart.aspx?m=c

    More patience, I guess, lol

    -SS

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  21. #HurstCycles ALERT: GOLD: Dollar price: Price touched 20 Day FLD from ABOVE at 1237.89 ⦁ http://ow.ly/CMSyx ⦁ #fb ⦁ pic.twitter.com/kwAJwNJKhR

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  22. Just to beat this dead horse again.....i think the BIG surprise this year will be the emergence of headline inflation....its everywhere already but its completely out of the fedspeak......its gonna be THE big story

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    Replies
    1. IF i am right then it will be more than likely in the second half of the year that they begin admitting it and that will supercharge the prices of PMs and miners. I think miners will continue to lead PM prices as the big money moves into them as their paper trade dictates they do. rotation out of general equities will be the tell just as it was last January and Feb. its algo driven but humint triggered.

      Delete
  23. Have you ever noticed Yahoo almost always has the price of gold and silver down.

    Kindle He Knows.

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  24. Good lawd, someone stop this horrifying collapse!!

    Hehehehehe...hahahahaha...hohohohoho....

    Kliguy, you dumb fucking moron!

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    Replies
    1. seems a lil extreme skippy......heheheheheheehehehe.....i guess ya did play that short on the miners a lil too long today........BWAAAAAAAAAAAAAAAAA

      Delete
  25. Spot down today but GDXJ +1.9%.

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    Replies
    1. all the hoopla about the DOW today up over 300....guess what...that's 1.46%...BWAAAAAAAAAAAAA

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    2. OMG, it was all over the radio today!!!! Woo Hoo, just a little further to fall....

      So wadda ya think, another irrational exuberance conversation coming or since Trump mentioned the Stock Market in his speech last night, he's playing ball??? Honestly wasn't to happy with that comment.....

      Delete
    3. dunno why he keeps saying it. really doesn't matter in a way....they'll rip this market to shreds eventually and when they do chaos will reign. all the sheep will jump on the MSM "blame Trump" bandwagon and he'll be ripped apart by the wolves...... unless......and in some ways the "unless" is even more frightening....and that is he'll declare martial law and goes after the "other side"....whoever and whatever the "other side" is at that point......as usual my optimism is tempered in horror

      Delete
    4. don't forget the "war card" ......that one comes into play too

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    5. I dunno but nothing is making any sense anymore....

      Fundamental's are horrible or worse, hell even the much touted restaurants/bar scene has hit the wall... And it's Dow, Dow, Dow 21,000..

      Foched up!

      Oh and will she won't she raise rates... Good luck with that!

      Delete
  26. very high volume on shakeout day today......maybe...just maybe.....broke through some key support areas to shakeout the stops.....just might be ....the you know what

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  27. http://www.zerohedge.com/news/2017-03-01/prominent-hedge-fund-trader-jumps-his-death-manhattan

    I guess it could always be worse....

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    Replies
    1. yup.....coulda been a nail gun with 6 to the gut and one to the head suicide

      Delete
  28. watch vid with rickards above......he too believes a wicked brew is being brewed......same as i have said about the "inflation" coming......this is going to be wild.

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  29. a lil Dice levity

    https://www.youtube.com/watch?v=5zfrrESh60M

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  30. Yup Dow 21,000....

    http://www.nydailynews.com/news/national/federal-insurance-company-funds-cover-union-pensions-article-1.2985531

    Fun-duhhhh-mental's!

    ReplyDelete
    Replies
    1. two big tsunamis coming this year so far .....inflation and pension funds

      Delete
  31. ROLLER COASTER DOWWWWWWWWWWN>>>>>>>>>

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  32. duh
    http://silverseek.com/commentary/“strong-dollar”-catch-22-16370

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  33. SSRI & Silvercorp (SVM) holding up pretty well... EXK getting crushed on Q4 loss report.

    -SS

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    Replies
    1. should shake out a lotta stops on EXK

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    2. Should be buying here, maybe. Ouch! There's a gap ~3.30.

      -SS

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    3. Whooop, there it is... lost (9%) hesitating. lol Would it have filled? We'll never know...

      Endeavour Silver Corp. (EXK)

      NYSE - NYSE Delayed Price. Currency in USD
      Add to watchlist
      3.30-1.09 (-24.83%)
      At close: 4:02PM EST

      3.62 0.32 (9.67%)
      After hours: 4:11PM EST

      Delete
  34. You know they let you get that nice warm & fuzzy feeling for a week or two and pull the rug right out from underneath you! Hehehehe

    Baaaastard's!

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  35. Look MOAR Fun-duhhhh-mental's! Albeit Local....

    http://libn.com/2017/03/02/slumping-office-sector-spurs-spike-in-loan-delinquencies/

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  36. The New York Teamsters Road Carriers Local 707 Pension Fund reportedly has officially run out of money as the federal insurance company has taken over payments to retirees at a reduced rate. Sadly, the Pension Benefit Guaranty Corp. (PBGC) itself is also running out of cash funds to cover union pensions, its director said Wednesday. The federal agency’s limited liquidity "is part of the spiraling U.S. pension crisis that threatens to wipe out the retirement savings of more than a million Americans," the New York Daily News reported.

    It is gonna get a lot darker before the DARKEST hour. But, it is all good.

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  37. Just gots in from my addiction to golf and found out I wuz ruined...................repeat after me "I'll never gamble again"..........hehehehehehe.....Skippy?? Skippy?? where r u? bet you'll tell us ya held that miner short and sold today......heheheheheeh........Skippy??

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  38. This shoulda just about cleaned out all the newbie retail and hedgee boyz.....they iz truly destroyed cuz they iz leveraged on this shit...................if ya gots cash here (and I don't).....ya might wanna bottom pick

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  39. This is so fugly today that my guess is sum hedgee or hedgees got sum serious margin calls.......fukin ugly if you are leveraged and leaning too far into the miner trade.....

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  40. now i know why my hedgee connections will not play heavy in the miner trade.....impossible to do with leverage ....ya can't hedge this kinda trading.....hehehehehe.....i aint leveraged and i will sleep jist fine

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  41. Ouch ! Big hit on mining stocks today. It's all good though cause KLIGUY said we're in the biggest bull market for miners ! Lmao

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    Replies
    1. You really got that "RETRO" trading thing going. Dumb A$$.

      Delete
    2. Like clockwork. What did mumma tell you to buy today, CS? Howz that hotpocket??? YUMMMMMM!!! Don't burn yer mouth! BWAAAAAHHAAAAAAAA!!!

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    3. This is nothing yet CS, THESE GUYS HAVE BEEN GETTING BURNED FOR YEARS AND YEARS LISTENING TO kLIGUY..You don't have to worry if your not on margin that's just moooore BS...He thinks he knows everything and don't have a freaking clue and never has...

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    4. r u talkin' AND replying to YOURSELF skippy?? heheheheheheeh......you are toofunny

      Delete
    5. btw good to see ya back in form skippy

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    6. I posted Hurst cycle information twice on this comment stream showing the gold/silver risk, but Skippy has trouble comprehending what he reads or sees. What a moooo roooon

      Delete
  42. My powder is going into phys today- might get some more exk, ric tomorrow. Let's see how they bounce

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    Replies
    1. wish i had powder today.......WAAAAAAAAAAA........watta beatdown

      Delete
  43. http://stockcharts.com/h-sc/ui?s=EXK&p=W&yr=4&mn=4&dy=0&id=p35882240717&a=510340817&listNum=1

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  44. listened to turd fergusons meltdown today......funny stuff....I remember getting banned on his site by those assholes that monitored his site years ago for PC behavior and seldom listen to the guy but loved his meltdown. I used to talk about how the whole thing was way more powerful than he gave them credit for and that THEY had to be feared etc.....hahahahahahahahahaha........he's finally come around to the "CONspriacy" of it all.....F U Turd

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    Replies
    1. here ya go turd...ya big crybaby hehehehhehehee......you're right and your epic rant/meltdown is understandable but howcome it took ya sooo long? ya dipwad

      http://www.tfmetalsreport.com/podcast/8169/tfmr-podcast-friday-february-17

      Delete
    2. THEY don't want you in the trade turd.....ya gotta have the guts and quit playin those options/leverage ya numbnut.........they'll steal your marbles

      Delete
    3. hows that "level 7" license wurkin' for ya turd

      Delete
    4. Yeah, Fuck Turd Ferguson, anyone who calls himself Turd, well... People pay to listen to a guy who calls himself Turd? hehehe.

      I think CS has a crush on you. He can't handle the truth.

      Full disclosure, I am now back to my initial investment. "They" managed to wipe all my remaining profits with there little dump today. I won't be selling any shares but I am disappointed I ran out of powder and can't touch my account for a couple of months now probably.

      Jay was right, paper beats rock,, for now anyway.

      Welcome back CS.

      -OH

      -OH

      Delete
    5. hehehehe....hey OH ....goood job buy when there's blood in the streets and HOLD ON.....you earned it man......BTW its not that I loved today.....but man I was killed for three years and am a triple off my lows of 2015 actually more than a triple by a fair amount...so even with the slaughter of the past two weeks I'm way ahead of this crap casino....(off my all time high of 2012 by a lil now).... anyway watching the bulls crying today is VERY encouraging.....here's another one crying.....i like the capitulation

      https://www.youtube.com/watch?v=_p_zf1mZPO0

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    6. BTW OH I''m not sure you're gonna have to wait that long before this recovers.....time will tell.....it might be several months but I don't think so.......I think they just wanna shake out the pussies

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    7. Thanks Kli.

      It just goes to show you what a Shit Show it all is and who the cheerleaders are, they can't reveal their agendas fast enuf can they.
      They want to detach reality from the debt ceiling, printing press and everything else, what's a couple of trillion here or there anyway, they are immune from their actions in the end aren't they. I love it. hehehe

      -OH

      Delete
  45. this article by PCR succinctly explains just why we are screwed and how this whole game is working right now.

    http://kingworldnews.com/paul-craig-roberts-the-matrix-of-lies-and-what-the-elite-are-really-planning-to-do-is-terrifying/

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  46. haven't commented on Bitcoin for awhile.......stay away from it except as a gamble or as a medium of exchange to move money across borders.......it is completely monitored and will be destroyed at the whim of the boyz.......that does not mean it won't climb to 10K as Bix says.....it might....but contrary to what Bix thinks THEY can penetrate it and destroy it when it suits them. right now it is being used by THEY to compete with gold and silver in the retail space ....it helps to divert physical buys of gold and silver to bit

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  47. silver supports

    http://stockcharts.com/h-sc/ui?s=$SILVER&p=D&yr=1&mn=9&dy=0&id=p73901330568&a=510413203&listNum=1

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    Replies
    1. the reason i still put this up is because these are areas heavy physical buying will set up

      Delete
  48. http://stockcharts.com/h-sc/ui?s=EXK&p=W&yr=4&mn=4&dy=0&id=p35882240717&a=510340817&listNum=1

    EXK chart........lol they are good

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    Replies
    1. Hoping for a little more "shrinkage" this aft... gap is definitely filled. lol

      -SS

      Delete
  49. You can decide what gold does in the manipulated paper market BUT.....if Janet Yellen doesn't walk back the rate hike HARD today in her speech then its on for sure next week..... right now they've jawboned the hike but last year at this time it was about 50 50 and she didn't hike until december.....gold spiked after every meeting until later in the year....let's see if the boyz have everyone offsides....they got their beatdown....that's what they wanted

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  50. This comment has been removed by the author.

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  51. #HurstCycles ALERT: GOLD: Dollar price: Price touched 40 Day FLD from ABOVE at 1228.21 - ⦁ http://ow.ly/CMSyx ⦁ #fb ⦁ pic.twitter.com/tQxccQLjmc

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  52. GOin' GREEN!!!! BWAAAAAAAHHHHHHHHAAAAAAA!!!!!!! Mumma- Quick! Get CS another hotpocket. There's your signal!

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  53. Unusual volume for fri afternoon. Hope the recovery continues and leads to something big next week.

    -SS

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  54. Silvercorp clawed back most of its loss, SSRI about half. Not bad as cascades go. Exk nor Ric filled...

    -SS

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    Replies
    1. hard to trade this but not hard for me to let the longer term trend do its work.....patience.....all long moves eventually bailed out

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  55. Quick update, lesson learned on that week for swing, is next time to not ignore similar instances to the 2/14 trend break with 2/17 back-test failure. My rule was GDX more than 2% negative = trade failure, it became evident early that we had a step-in from some friends that had that occur. It was irritating, but they are in the game, so get used to it. The “cascade” did occur but is relatively tame; compare it to May-June last year, a pullback in a continued uptrend. Or look at 2009-2010 for even more perspective. Intermediate trend remains solidly up, nothing to get excited about. It could be too many mentions of specific turn dates is luring people to the high risk areas of 3XETF and other tools, which if played in heavy percentage and held too long can be hurtful – stay away unless you enjoy sword fighting the Ponzi – core wins. If we are not bottomed for a pop we are very close, honestly another red candle would be nice to see first. I would like to see a C&H on GPL, add that one to the trio of SSRI, GORO, and RIC to form the 4 horsemen of the apocalypse.

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    Replies
    1. lol.....correct intermediate trend is still bull go......shakeouts painful but expected...... Fair??? who cares if you understand the intermediate cycle is bullish ....can they break that? again who cares .....you don't have control over paper markets so take your medicine and let them shake out every trader but you......they'll take this baby up

      Delete
    2. This will be a roller coaster oscillating trade that makes people puke shares, just when frustration peaks...big bull market.

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    3. absolutely true and expected

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  56. please watch video on top with BIX weir.......silver scam in trouble

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    Replies
    1. interpreting this to me says silver fix is about to blow apart....since CME and Thompson Reuters is leaving now that means that we probably have at least a few months before it implodes.....more than likely later this year or next. but the only reason they would be leaving after 3 years is because they are getting out of the kitchen now before they get their heads put on a guillotine for their crimes. They know the physical is about gone.

      Delete
    2. I love that picture of lloyd and yellen, "You can do this honey". Too funny, lying crooks. They think they are so smart.

      -OH

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