Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Gromen is now writing it in crayon for all the ihub short bus bashers.
Do ya get it now???
I’m buying jr gold miners
"What does the Fed see that made them cut 50 bps now and 50 bps by year-end?"
— Luke Gromen (@LukeGromen) September 18, 2024
It isn't the pace at which the economy is weakening; it's that if you CAN'T cut Entitlements and you WON'T cut Defense, the only thing big enough to matter left to cut is rates...aggressively. 👇 pic.twitter.com/5o5InF1Gyw
Wyoming and no debt
I like it
50 basis points
Spxs
50 bps means fed not independent
Money going to flow into otc with 50 bps cut
Ultimately buy jr gold miners
50 bps is bearish
I’m buying all jr gold miners
Good luck
My 35k at .02 lol pretty good right now lol
Economy is strong that’s why the fed is cutting rates 50 bps…..haha
Gold will go way up in dollar terms of value.
Lowering rates decreases the value of the dollar, gold is at record levels in dollar terms now.
Reward the spender and screw the saver been going on for a very longtime. But if you save in gold….???
Yes I agree with you. Mortgage rates are already down before they make announcement. Also no one mentions prime rate anymore. I would think controlling asset prices by raising rates would be a more appropriate decision. Also if the fed lowers other places like Japan and their currency how it affects world trade.
Yes silver is like 500:1 paper to phyz.
Trump had second assassination attempt. Watch news now
6,000 and the sell button disappears?
Wonder what happens when everybody wants it but no one can get it?
Tick Tock
It’s true
COMEX and lbma have been playing this game for 80 years. If they were gonna allow retail to own physical metal they had to keep it down to avoid hunt brothers issues.
Look JPM all of a sudden they say they have 70% of the physical metal that supposedly backs GLD. Then you get all these morons crying for an audit. When’s the last time we audited Fort Knox? How about the federal reserve?
Government has harnessed its taxpayer with owning 70% of the national debt.
Funny, they keep playing these paper games, “Gold is money, the rest is just credit”
Long AABB
Makes sense
He will regret selling down here
Nice find
Thanks Scottie
850k at .035:(
Damn somebody sold
Good thing I didn’t bet the farm:)
Win some lose some just playing the game
Good luck
Yes
Lower rates is a bad idea
Gold is telling the feds to raise the rates. USD/JPY is telling the feds to raise the rates. Some douche bag on cnbc put an article out yesterday trying to push the deflation narrative. Inflation is cumulative and we need to default on our debt. Restructure our entire financial system, painful, but maybe we still have a country.
What’s going on? We’ve had good volume for a few days now.
I go to kitco, pretty decent.
I don’t get why these guys can’t raise the rates and default if 75% of the debt is owed to the public, restructure the debt owed to foreigners, sure it would suck, but we still would have a country. Trumps a magician on bankruptcy
Agree
QE and MMT were very bad ideas.
Fed is lowering rates
Gold is going ham
Billionaires are setting up for the fire sale……ya I’m in the right place:)
I’m convinced that Clive is keeping it alive. That’s why you fuks can’t take it down.
Crap man this is no fun
If it goes to 220 then maybe we can say that…. Just a pimple on a bulls ass.
lol Rick
Love when this guy posts
Follow for you
Privately mined gold with a token tied to 1/10th of 1 gram of private gold…..oh my!!!
All miners are going to Uranus.
Please remember your adult diapers and moon boots.
Ya if nobody gonna talk about federal spending and deficits in a presidential debate, I really don’t think it matters who gets in there.
If they both are gonna spend like drunken monkeys, either way good wins. Hell go back to the gold standard….we physical guys win.
Getting a little frisky:)
I’d like to know why abc didn’t talk about any money issues?
It’s been planned since QE and MMT. Idiots at the fed created a grand illusion to dupe us all, well most of us. Us treasury would love nothing more than to devalue the usd faster to make that $35 trillion more manageable.
Pull certs
Bunch of cheating market makers
Ya thanks man
$DG and nowwhat showed what I’m talking about on his charts, thanks. SPY is an etf. I’m not a fan of holding etf and etn mostly just a weekly in and out for me.
Is SpY going to pull a dollar general?