Sunday, August 4, 2019

AND SO IT BEGINS

82 comments:

  1. It certainly has....

    Best post of the year in as much as Less is MOAR!

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  2. Life is a cycle. We are born, live, die. The market is a cycle - it explodes upward stalls and crashes. You expressed it best above.

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  3. lol........MSM admitting currency wars are on and there's no end in sight..........who cares because those aware are already in place with their "needs" and those living in the paper illusion are just waiting now for harvest

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  4. I spend much of my spare time sampling human sentiment and I can tell you its never been worse in the physical silver market......its also maximum complacency in the stock market. Trump has been effectively set up as the fall guy. Even now he's about to be fall into the "gun trap" by supporting more gun regs......this is political suicide with his base. These shootings may be random but the coincidence with China/shootings/currency wars/hong kong may very well be the contrived "turning"..........strange times........but definitely we are entering a quickening

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    1. Trump gets to blame Powell for the FEDS continued lack of situational awareness. I am starting to be OK with some kinds of restrictions on the AR's. Do you think this gets bad enough for margin calls? The tide is going out and some may not make it then what. GE DB maybe Boeing? This could get bad. Not really worried about tomorrow like to see how the week closes. Going to be interesting.

      Sheeps

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    2. shooters will get ARs or AKs or whatever they want.......its a great discussion but the public needs their guns removed for the safety of the government.....lol.........torches and pitchforks just won't be helpful this time lol lol

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    3. Thank you for reminding me why we should not have any gun restrictions. These persons who do this I am convinced are sought out and worked on maybe even drugged or what ever to carry out these acts. Prety painful to consider this. At the end of the day an Ak going to pale in comparison to what ever crowd control system they gots.

      Maybe a rip your face off rally tomorrow? Maybe not. End of week tells the tale. I say again look at a weekly SPX over say 3 years. All s there A new high. gravestone doji, long red candle down This is the THIRD time. Going to be a big wave down according to this chart. To break this trend would be a bit trend breaking over like 3 years. Is this a bad thing? Inlet says it best; cycles.

      I have very little skin in this right now. I want to see 2008 style pain and I may not survive it. This baloney of the FED has to end.

      Sheeps

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    4. one comment then I'll move along.....I Own guns including significant firepower types lol........but not to fight the government but to react to protect myself if there is ever a "grid down/mad max" reset type of event.....the weapons are only helpful if you have to defend yourself when there is no government/police in a world gone mad..........it has happened many times in history around the world and their is no reason to believe anarchy is not a possibility here thanks to our brilliant centrally controlled world lol

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  5. funny how we "gapped" over 1350 and now "gapped" over the Celente 1450........that's how the boyz play ball and its on...........remember how retail trades this.......hint...they get left behind...........

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  6. Nice post Kli!

    From WolfStreet
    https://youtu.be/qn9LTIiAA7M

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    1. wolfs vid is so fkntrue........this is the way i see it........its so painful to watch the herd get slaughtered here

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  7. the march to 1550 begins now..........or might it be a hop and a skip lol

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  8. Fed or Trump will have to respond to Yuan by end of the week or risk massive selloff.......RELEASE THE KRACKEN ON THE USD.........BWWWWWAAAAAAAAAAAAA............as rickards has said CURRENCY WARS its on BITCHEZZZ lol

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  9. The market is crashing!!! The market is crashing!!!

    My 401k took a smackdown today.

    Gold going crazy.

    Is this the Black Swan KLI?

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  10. Isn't Buttface Fox your guide Jay?

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    1. lol........jay is well prepared with beans and bacon and lots of gold and silver......when the shtf everyone thinks they get a heads up warning them to prepare and exit their shit assets and buy the "safe" assets.........as you all should know by now there will be no "last minute warning"........lol.....you've had ten years of "warning"......they GAVE us all plenty of warning.....the herd will be harvested......no hope for the Buttfoxes of this ponzi

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  11. Gitt'n Hotter....

    https://breaking911.com/breaking-news-u-s-treasury-designates-china-as-a-currency-manipulator-escalating-trade-war/

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    1. wait till the lemmings wake up and can't get out of the water......lol........the quickening is definitely here

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    2. but at least we can still go to negative interest rates.....BWAAAAAAAA

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  12. They will bring it back tomorrow.

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    1. wouldn't be surprised..........treacherous to be short here......one day the "buy the dippers" will be slaughtered like the lemmings they've been trained to be.......let them do what they do......follow

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  13. Yes they will but I don't want to see it. This could get very scary, it is very scary in fact, this country won't be able to handle it this time.jmo

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    1. i want to see my "best case" scenario.......gradual breakdown of the dollar with a 70s style stagflation without a societal breakdown ........unfortunately we're in a societal breakdown already and the markets are at all time highs......the dollar is strong while the world slides into depression........you tell me how this ends like my best case 70s scenario........i think we're double dog fucked myself but i can always hope jay makes it out to the other side lol

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  14. I don't have a clue. I don't know how long they can string it out.

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  15. Since jumping into this insanity, I've learned they can string it along for as long as they want to with no rhyme or reason so long as they have the printing press, that's why I'm out...

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  16. Curious,

    Does anyone think we've reached peak insanity yet? Lol!

    http://wetpaintlife.com/caitlyn-jenner-wants-to-become-a-mother-at-70-years-old-with-partner-sophia-hutchins/?utm_source=031&utm_medium=Social&fbclid=IwAR0U_gOA42EM4hiEJNEP71f-eEE0Nm7Iz2-cl2xFBMiPyGWQjOGJYCOSkdA

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  17. That'll leave a mark...

    https://www.forbes.com/sites/stephenmcbride1/2019/08/06/the-cold-hard-math-tells-netflix-could-crash-70/amp/?__twitter_impression=true

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  18. gold hit 1500 tonite......lol.......guess it was indeed a hop and a skip..........that didn't take long

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    1. wait till the panic bidding in metals begins.......could be soon......the trading chop will be a literal blood letting as retail and hedgees gets whipsawed into oblivion........ 100 dollar daily moves in gold and dollar daily moves in silver are only the first stage.........i hope this stage will stay in play for at least 5 months but that is most likely wishful thinking.....I'm already smelling panic but i'm rooting for the cabal to hold on for 5 months.....that means gold under 2200 and silver under 50.......I have my reasons for wanting this contained that long besides the obvious reasons which are real chaos in our daily lives........

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    2. the chatter on blabbervision is becoming intolerable with their sudden appreciation of gold so i suspect "they" will try and cap the price between 1400 and 1550 for a month or more........it'll eventually move to 1770 this year

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    3. retail won't buy gold or silver until prices cross 2000 on gold and 50 on silver

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  19. I wish I loaded up on gold at 1200s.

    Well....if the shyt hits the fan...at least I’ve got plenty of cold hard cash.

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    1. And by the way, yes I do have bacon in the fridge.

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    2. lol.......what happens if they decide to devalue the USD 50% after a friday market close

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    3. BTW the dollar MUST be devalued........now the question is HOW and WHEN.....but it will be devalued.....one way or another your dollar within the next few months will take a hit......longer term it will get destroyed

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    4. Jay......the dollar is probably one of the very worst currencies out there.....its just not been revealed how bad it is lol........but you will have a very sad time in the next few years if you swallow Harry Dent's bullshit about the dollar..........BTW Harry went to Harvard.....BWAAAAAAAAAAAAAAAAAAA

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    5. Jay,

      You really didn't say that did you???? but I guess they said the same thing in the Weimar Republic back in the day...

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  20. two issues may be at play.........one issue to contemplate is the TYPICAL move up in gold anticipated for two years now after the the baby bull in 2016 began this secular bull wave........this move is CONtrolled by the big money boyz in the banks positioning for this next big wave cycle.........ie move it up rapidly leaving the dumb money on the sideline staring at gold moving straight up while they freeze.....that mission is accomplished......but lets throw in a caveat here......the SECOND issue is a much bigger entity buying massive gold forcing the price potentially much higher and much faster than the boyz can easily CONtrol......be careful if this is the real game this time.......you will get left way behind once you're out of your physical ......lol.......ie you'll be sad......hey but

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  21. just in case............if we move over 1600 near term then you have another concern NEAR TERM and that is going to be a liquidity crisis OR WORSE .....and get cash and food ready.......

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    1. Nice to see ya & my kibble hasn't expired yet.

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    2. Life screws with you. Had lots of Carbs stored for the day the food shelves at the store goes empty. Large cannisters for flour/meal/etc. Turns out I am type II diabetic and carbs are on the don't over consume list.

      Now it is large containers of dry beans, rice, etc. Gonna get tired of non carbs and no sugar for sure. Life messes with you. Already tired of that diet.

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  22. now saying fed will announce a 25bps EMERGENCY cut TOMORROW.....if that happens go straight to your stores and start buying more preps

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  23. Everyone's talking Red Flag Laws and Chit....

    https://www.nytimes.com/2019/08/05/health/germs-fort-detrick-biohazard.html#click=https://t.co/y3EwDVPEDL

    Could possibly be bigger issues on the horizon...

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    1. But there has been no threat to public health, no injuries to employees and no leaks of dangerous material outside the laboratory, Ms. Vander Linden said...........lol now move along you bitch

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    2. But We closed it out of an abundance of caution...


      Yeah OK Spanky!

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  24. Interesting, miners had a good but not great day, not the kind of "BOOM" you would expect with a break-out in gold and especially silver, maybe general market bearishness is creeping into the miner trade, or maybe the market is sensing a blow off top of sorts short-term, or this could all be my imagination and the miners are all poised to do a face ripping rally, we are again at an inflection point...

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    1. lol.......don't know the reason but will add that you didn't mention another common reason and that is the boyz/Market Makers can keep this trade in a range with shakeouts and rip rallies to keep the hedgees OUT of the trade and the retail scared shitless to get on the bull........you CAN'T afford to hedge your positions in such a volatile sector unless you just invest in the very largest miners if you are a hedge fund manager.......lol its the best of all worlds for me.......so i just sit with my popcorn right now on a full position

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    2. I'll trade miner positions if i see clear opportunities but i just don't see it yet......look for high volume spikes in weekly overbot conditions to catch "maybe" a swing trade but this could really get ugly fast in a lot of ways so playing too cute and losing your positions is a real danger...........

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    3. bottom line is the game is on in the currency wars and the dollar needs to be lower.....MUCH lower.......we are killing many of the economies around the world right now with dollar based debt.......its gonna get ugly if we don't smack it......an emergency rate cut would really help right here or very soon

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    4. pull back and look at the weekly on GDX

      https://stockcharts.com/h-sc/ui?s=GDX&p=W&yr=4&mn=6&dy=5&id=p14422043895&a=616575908&listNum=1

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    5. To your point above re: Lower Dollar, seem the Orange Man agrees...

      https://mobile.twitter.com/realDonaldTrump/status/1159473909827297281?s=09

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  25. to implement the next turning we will need a crisis........remember a crisis is vital.........."out of chaos comes order"

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  26. Hmmmm...

    https://mobile.twitter.com/Jkylebass/status/1158945886279557125?s=09

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    1. let me interpret this..........china is operating a ponzi.........hint so are we.....BWAAAAAAAAAAA

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    2. Watt's better then Fiat!

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    3. Another Hmmmmmm...

      https://www.dailymail.co.uk/news/article-7332719/amp/Bank-CEO-60-drowned-pool-fears-banking-regulator-probe-jailed.html?__twitter_impression=true

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    4. did you look at that gate on his house.........lol.....he wasn't scared..........BWAAAAAAAA

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    5. Ya think, this is as believable as the guy who "offed" himself in the garage with a pneumatic nail gun doing home renovations....

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  27. may be wrong here.....lol.....but i am playing miners for one last thrust on the GDX and will look for a nice high candles with trading volume to swing trade positions........otherwise full position and eating popcorn here

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  28. miners during the 2016 baby bull ran very hard up on days when gold was down.....i think we may be entering that phase in this gold bull move where the miners will out pace significantly gold.....once gold establishes its higher range and solidify miner earning projections the fireworks begin

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    1. i remember several stretches in 2016 where gold moved sideways over a few weeks and miner portfolio ripped on several of those stretches.......tic toc

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  29. ok......you owe it to yourself to immediately listen to the michael oliver interview above.........he's been very prescient on this gold rally and the market for the past year and his latest is a must listen

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  30. WARNING: A Major Sign Of Fear
    Sven Henrich: “The ECB is smoking crack. Look at DAX vs the German 10 year & you see a central bank in process of losing control. Negative rates have lost their efficacy and they don’t know what to do. We’re seeing a colossal policy failure in print. DAX is below the 2015 highs, has broken the 2009 trend, built a bear flag which broke down all the while yields are collapsing and now they want to cut rates again with a ECB balance sheet at 40% of Eurozone GDP? Just stop. Rate cuts at that stage of the cycle are not a sign of effective stimulus. They are a sign of fear. The fact that this major central bank, 10 years after the financial crisis, can’t even raise rates to ZERO without risking collapsing the system is beyond embarrassing and a reflection of how weak the financial system actually is. They can barely keep it together.”

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  31. the title of this post is So It BEGINS.....begins is a key and understand this can evolve slowly now or very quickly........every SUNDAY can have another BOOM......beware of monday

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    1. should get a really nice silver pop next week.......BBBBBABY

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  32. most miners forming bull flag here for push next week up

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    1. i think a very big move is going to occur in the miners that will leave most leaves left on the sideline if they try and trade too much of their position .......it may work out for them but a major thrust will occur this year just as you think your positions are way overbot

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  33. Blackrock just hugely increased their position in WPM Wheaton Precious Metals (silver producer) to 10.1% as of 7/21/19.....hmmmm....must be expecting a big move up in silver prices....here is the link....

    https://whalewisdom.com/filer/blackrock-inc#/tabholdings_tab_link

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    1. breakout over 1360 on volume was gamechanger.........now its all just shakeouts and rips to keep the suckers off the bull..........they'll bring them around 1700 for a real hard shake then rip it right over 2K.........now YOU can guess the timeline cuz i will just eat popcorn

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  34. Oooppp's...

    http://www.defconwarningsystem.com/phpBB3/viewtopic.php?f=12&t=13464

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  35. Kliguy, You sure are a confident Guy. I hope you are right on. It would be fun to watch. Mine is not for sale, I think the price will go insane. That's when I sell. Silver is what I would like to see fly.

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    1. NO ONE CARES about silver OR gold right now........only a few PM bugs are still buying. Many have sold and given up.........which of course is great if you believe this is a major bull move.....however...when silver rips over 25 people will START buying and at over 50 they'll really jump in and those in it will sell at over 50 and it will just run off and leave all the weak hands. So as far as the TIME goes .......dunno but it is going over 50 in the next 6 months probably

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    2. itsabull......lol.........it will not let you on it unless you're already on......and it will shake most out that are on it

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  36. jeffery epstein just hung himself.........lol.....seriously

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  37. https://youtu.be/FZPA917Bv3U

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