i have sucked too for a long time. I used to make so much bank.
financial advisors are just clerks, but some are good.
I look at Stockcharts for GDXJ, what I somewhat arbitrarily choose as a proxy for the precious metals sector,
and I look at it from a 3 year perspective, which is the way i once again, try to look at this sheat
and then I look at GLD
my conclusions are this: charts tell you nothing. gdxj looks very good, and gld looks impossible, but the gold miners are like plutonium, they are like silver stocks, way out ahead of the future
what neither chart can tell you is the radical, and I mean radical, switch of global central banks the past 3 to 6 months....totally different from the FEd, which Trump is hammering day in and day out....and he is right, the banksters wrong. Other countries are trying to get it together. The scum germans are NEGAtive INTEREST RATES...
THE STRONGEST ECONOMY IN EUROPE, THE SCUM GERMANS are desperate beyond belief and they are smart peeps.........
so if 1/3 of the world is negative interest rates, then two things MUST HAPPEN:
1. people will switch out of paper into gold, that is logical, why would you hold paper if with gold you get realness and are not paying interest? this is a lot of peeps globally.
2. america must bring its rates down. I know they want to engineer a recession to take back DC power, I get that, they are what they are, establishment people and trump hates them and they hate trump, but their time is limited. He is gonna be pres, he will get a new FED chair, as this guy, is not a bad person, but he has no balz, and Jay cannot stand up to the establishment bankers, that is an understatement.
3. So jay either does what the JP morgan bank chief guy said, and he said it like it was obvious what the FED must do, or Jay is fired. I think he is a completely dead man walking. Trump knows he is a pussey boy. .and then, in little more than a year, we get a new fed chair, and that guy will drop rates like god knows what, and gdxj and sil will smell all this out way ahead of time
who knows i wish i did............but these corrupt western and chinese govenrments gotta inflate or they die, that is the bottom line. They cannot once again, have severe crushing recessions, or they are out so fast on their asses.............
who knows. \
having spewed this stuff out, I have no idea....Maybe the system is so strong it holds together. I think negative interst rates means the middle class and working class pension people of the world will lateral a lot of their dough into gold.....I would
AI
