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No, not the markets, although that’s going to happen sometime. Nope, this is just me banging the kettle drum about the dollar going “pink submarine” again. Had these charts ready last night, but the great god Westin decided to eliminate my wireless signal in random fashion (curse you, Westin!) in the middle of the night and I was too tired to call down and bitch them out.
In any case, the chart below is pretty much where we are right now, save that the dollar is even lower ($75.90 @ 9:51 am EST) than it is on this chart:
We are fully through that blue line above, now. Keep an eye out today, but I’d be surprised if we claw back above it today, and I don’t think the jobs number tomorrow will not give Bernanke any reason to tighten. I have many favorites, but if you’re interesting in catch up, why not grab some volatility in an appreciating asset class. Three guesses?
We are through that triangle top right now ($9.95) as I type. Best to you all.
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Just bought EXK at 9.93. Come on silver. Break 10 today! THX.
Yep, just bought a starter position at 9.83. I’m neck deep in gold and silver now. I’ve been buying all the CH favorites. Hate to be a lemming but damn they are working. The experts say to only load your portfolio with 8-10% in PM. I am way above that. Is it prudent or carelessness? I dunno but right now my portfolio is not complaining.
Jake is Dr. Goldfinger.
got to have the trumpet sound for jake when you say that,WWWAAAAAAHHHHHH-WWWAAAAAAHHHH.that and gpl loaded to the gills, 8-10 % my tukus, the tape is red,and i’m swimming in green.WWWAAAAAAHHHH-WWWWAAAAHHHH thanks jake. hey, and you should have called down to the desk. dont these plebs know who you are.lol
They are small brained plebs. The exact same thing happened to me two weeks ago in the same hotel, which is allegedly “luxury.” hate the road.
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I thought Viggo Mortensen did a good job in that one.
Wait til they make a movie out of Blood Meridian!
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Rim shot! Don’t forget to tip the waitstaff, folks.
Spankees 3-1 …you at the game?
I wish. Well, maybe not. It’s 40 degrees and raining here. Gotta love March.
Do you typically use EMAs instead of SMAs?
Yes, always.
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Do think it is good to have some silver and gold coins? If so , what % of your portfolio??? Thanks (you are the golden boy these days) Do you have long term gold price targets?? ( thanks for all your work)
Any thoughts about today’s price increase in corn and oats vs. the decline in precious metals and copper? I wonder if this is the inflation thesis or more of a response to radiation concerns?
Long term, agri commodities have more upside than metals imo
I agree
Its people like this that got headfaked this morning.
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ANV is an animal.
Somebody must be buying>
Today was a Sneaky Pete day and many small brained plebs were shaken, not stirred.
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Anyone have an idea as to why SLW is getting dumped as silver continues higher. Market UP, Dollar Down, SIlver Up. SLW getting smacked. Any new news?
The only P.M. trade I made today was buying AGQ at about 220 in premarket and dumping 226 towards end of day. The craziness shall not deter me (or my winnings)