Simple's Green Room

[gitonwithit]

Well guys I don't know about you but I am buying some METAL this week, physical that is! All this crap about Cyprus dumping a few tons on the market I say hogwash! Fundamentals will rule in the end and the fact is that there are no bullets left that anyone can load up to rectify the reckless fiscal irresponsibilities of the past. They can talk shit out the side of their mouth all day long and play with the CPI and whatever but it doesn't change one single thing about the true facts. They play golf every weekend while the country goes to hell in a handbasket and still just talk about the same old things on Monday morning. I believe in hard assets until the makings of a true recovery are in place in maybe 10 years or more.

BTW I started a gann board on ihub too. After thinking about it for a long time I have come to the conclusion that gann stuff is really hard to apply to a zero sum market like FX so been trying to learn as much as I can about it and apply it to stocks and commodities and indexes like gann used. Not to say there aren't cycles and gann applications in FX but FX I think has some unnatural pressures which make basic gann stuff very hard to use. Hell anything is hard to use in FX sometimes!