Tuesday and the Doctor is In
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Currently, the Dow is jumping ahead of the Fed decision. Will the markets continue to appreciate?
Who is Little G?
Along those lines, we also know and love Big Al…..but who is Little Al?
Excelsior, meet Little G: g
🙂
Wow. One more of life’s mystery questions crossed off the bucket list.
Thanks!
BTW —– I also did some internet searching and found Little Al….
I probably would not buy any of his music.
I should have known!
Ha! this was fun.
American exceptionalism at its finest. Americans simply outperform, outproduce, and generally are smarter than theire European, Russian, and Chinese counterparts. Pluss the federal reserve has our back.
The entire world pretty much works for us, and sells their countries natural resources below market price. I just paid 2.12/gal at local gas station. Who knows, its probably Russian or Saudi Arabian produced.
The world is our slave.
That is one of the dumbest comments I have seen here.
one of the dumbest? I thought it was THE dumbest. Thats the point.
Oh good, what a relief. Sorry.
… and one of the truest probably!
… for the time being that is the psychology. I mean that I am agreeing with the second half of the comment starting with the remark about the Fed.
The Attack of The Apologists TF metals Tuesday, September 15, 2015 at 4:35 pm
The Bullion Bank Shills and Apologists have begun a coordinated and orchestrated attack against anyone drawing attention to the scam and charade of their fractional reserve system. Rather than let their half-truths and distortions stand unanswered, we thought it best to turn the tables back on them, instead.
Here’s the timeline of these latest events. In July and August, this site and others diligently chronicled the daily machinations of the delivery fraud of the Comex. The most recent article detailing the recent shenanigans can be found here:
Also:
http://www.christian.org.uk/news/mps-in-touch-with-public-over-assisted-suicide/
“The House of Commons debate on assisted suicide was thoughtful, profound and moving, a leading pro-life MP has said.
Fiona Bruce, who spoke against the Bill, said MPs were determined to seriously weigh up the arguments expressed before deciding how to vote last Friday.
At the conclusion of the debate, 330 MPs voted against Rob Marris’ Bill, with 118 MPs in favour – a ratio of nearly 3:1.”
A massive defeat for the would be people snuffers in my view.
Richard, I keep looking at the commodity channel index (cci) on the HUI monthly. The (monthly) oscillator is more oversold than it’s been in the entire trading history of HUI. It’s at -150+, off the chart! Then I look at the ADX/dmi trend indicators on the monthly HUI and they aren’t budging from displaying a continuing downtrend. It seems like irresistible force meets immovable object.
Power; thanks for pointing that out. I believe the immovable object wins out for the short term to medium term—–that would be the ADX/dmi trend. I’ve mentioned awhile back that I thing the HUI moves down (potentially) toward 50-75.
Yikes. 50-75 is pretty low on the HUI. Do you think that will happen by the end of 2015 or early 2016 on the Major Bottom in PMs?
Excelsior; 50 would be the worse case horrible scenario. I believe that there will be downward pressure on the HUI until about mid-December and most likely it would be in the 80-100 range. That’s the point that I really get interested in some of these PM stocks. That could be the bottom in most of the PM stocks but not necessarily in the PMs which could move a “tad” lower. If the end of the month plays out as I’ve been mentioning—a slow gold move down to about the neighborhood of $1050, the opportunity lies in taking a position in a lot of good companies. A lot of the PM stocks don’t have big % moves down any longer when we get to the end of the year.
Good call going short the VIX Doc, looks like there is still room to tun there too judging by SVXY.
A Listener; you’re correct—-it has room to run yet. After it tops out short term, it’ll then get very interesting as to whether we have the “blow off” top mentioned by some of the analysts or whether folks are sucked in to get smashed by another leg down. I’m waiting expectingly for the monthly chart of October to give us some guidance.
Thanks for the thoughts on PMs towards year end Doc. It’s still a ways off but I didn’t know if you were using the monthly charts and this pegged for year end or early 2016.
Listen to Gary’s comments on this today, Excelsior.
Also, sentiment towards gold is at a level of optimism near the lowest levels in the past decade according to SentimenTrader. Nothing seems to be able to break, or brake as the case may be, this downtrend.
Oil has broken the 50 day as I expected it would soon. It is headed to 48 to 50 soon.
I think it’s on its way to 55-57.
Looks like Big G (Gary) is gonna be right about 2K on the S&P. The EVIL “they” are trying to squeeze us shorts out.