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Well, I'm guessing you are a baby boomer, so you have the social security scam to rely upon. I do not.
VC
As in "mortgage the house and children"? No. As in 25% of my investment portfolio? Yes. All physical except FFMGF. You?
VC
She's at that resistance trend. I'd like to see it break thru first.
VC
Lol! Great. Thanks for the pic, Giovanni.
VC
Are we allowed to call out liars and ignorant on this board per board rules? It's almost like saying, "yes, go ahead, Danny. You jump out the 50th floor window, I'll take the elevator, and we'll see who makes it to the bottom first."
VC
Thank you.
VC
The last move north broke the trend. Look again.
VC
I cannot even believe that you produced that chart. Why would you portend to even know which chart to use unless you are attempting to obfuscate others...
VC
That your chart is BS. Use a real charting program...
VC
Cup and handle completed. Big move ASAP.
VC
I'm not a bug of any sort. I'm an analyst, philosopher and silver investor.
The Chinese front loaded. That's my point
Good day.
VC
They already own it. Why would they buy more?
VC
At least you lean right...
VC
Author: Jim Sinclair
VC
So far, no. I see 28.52 the next channel high.
VC
28.10 seems to be the top of the current channel.
VC
I'll be able to buy a lot of candy bars with $100 oz silver. I can feed a community for a year with my stack.
VC
Cork... this is happening, LIVE. Right now.
Buy silver. Higher ROI. Small caveat, but generally agree.
VC
.59 Elemetal Buffs
VC
Imo, you flip too much.
VC
Not looking good from a chart perspective.
VC
Crude 28.06 (1.38 UWTI) MUST hold. Period.
VC
Crude flirting with major diagonal resistance. Blue skies until $32.
VC
Crude's first hurdle accomplished- above the daily resistance. Now it needs to become support. Next resistance is the 45 diagonal resistance line. Somewhere around the 28.50 area. After that, it's pretty blue skies until 32, imo.
VC
Buyer at $.01 if this BS keeps up...
VC
Pre-market BS...
VC
Pre-market is always corrupt. Yesterday, it traded as high as 1.76 pre-market!
VC
Tried SD Bullion last week. Impressive.
VC
Yeah, a crude sandwich...
VC
You must live in the city, lol.
VC
Yes. This level is temporary.
VC
Giovanni- We agree. Finally.
Too much money supply equals lower velocity. Too much money equals currency dilution. Fortunately for the USD, other currencies are undergoing dilution as well and the fact that we are so dependent upon oil for our way of life.
Where do we go from here? We're going to see war, period. That, in itself, will cause oil to spike very quickly to very high levels. With inflation all around the American way of life (food, real estate, etc.), oil will send the U.S. into hyper-inflation. This will cause a lack of food supply, etc. all the while China will have already laid the groundwork for a gold-backed currency standard. Unfortunately, less than 1% of Americans hold any precious metal (especially gold) which will cause absolute chaos among the populace.
More later...
VC
I don't disagree. The one time I don't set a stop and this happens! lol
VC
yes, at a loss.
VC
Never thought I'd see UGAZ more expensive that UWTI, lol.
VC
If this isn't capitulation, I don't know what is...
VC
But, but, but WHY? Giovanni and I agree that China will devalue its own currency and then, in the middle of the night, employee a new gold-backed currency catching all other nations off guard. Well, maybe not JPM...
VC