Nice.. labu up… They said u were nuts for saying the stock market was gonna make new highs, never mind going triple leveraged in bio.
GaryPost author
Thats how you sell subscriptions. You predict a crash is coming. Then when it never happens you just keep predicting it’s right around the corner.
humbled
nice chart
tything1
With the rate decision tomorrow, does anyone have a viewpoint a surprise cheeky rate raise may do Gold / Dollar and how low/ high these may go respectively? Thank you 🙂
GaryPost author
The Fed has never done a “surprise” rate hike. They have never raised rates with the odds under 75%. They are currently at 15%.
redbaron9
how do you decide “odds”?
GaryPost author
The Futures market.
ras
slv trying to trend up, gld struggling, ditto gold stocks.
ras
A few junior gold stocks seem to be waking up. AEM getting into +ve mode? Rest of the complex to follow soon? Time will tell.
CaliJoe
Gary,
What if no rate hike is already priced in metals and miners? When Fed comes out with no hike then metals take the beating. Maybe a likely scenario?
Frederic Degembe
Gary,
Regarding rate hike, I think the most important is not the possible hike, but the Fed comments afterwards, if Fed prepares markets for hike in December, maybe the markets will not like that.
GaryPost author
The Fed has been crying wolf for a year now.
bill
Gary the Euro hit 50% fib retracement looks ripe for bounce here.
Alexandru Popovici
Finally now it is the time to re-buy gold at 1323 and miners at 26.12 in after-night trading but only a portion of a full position with tight stop loss, just in case the unexpected occurs: a rate hike.
USX upside is exhausted (unless the unexpected rate hike occurs) so that right after FOMC USX should plunge and gold spring like a rocket.
Alexandru Popovici
….USX strongly rejected by its 200dma in early European trading after producing the expected bull trap (though of a much lower intensity than I had hoped) in Asian trading today.
the gold bull gets stronger and stronger.
humbled
already long, following Gary
go long again today when market opens, following Alex
Alexandru Popovici
it is ok as long as you do not average down the price of your position.
if you’re already long at a higher acquisition price, it would be wiser to scale in to your position after both occur:
– FOMC is released
– gold/miners’ price rises to at least your former acquisition price
bill
What time does the Duck chime in and tell us he was wrong? oh that right his call is 12 months long….why not make it two years eventually you’ll be correct. This is why as Gary says you need to separate yourself from REAL traders and trolls, trolls are always the loudest posters desperate to prove their point and existence.
Good trading.
Dreamer
Gold and silver already on the move up thanks to BOJ.
The Fed is trapped and cannot raise rates. When will market participants realize the Fed is a bunch of bozos and has NO credibility and a total failure.
Alexandru Popovici
FED will have space for raising in December.
That move may also catalyzed the yearly cycle decline in stocks.
Dreamer
How can any comment be made now on December Fed meeting when there is a ton of economic data between now and then.
Dreamer
Gold goes over $1,330 ans silver going toward $20.
I had a post that this would start to happen two days ago but started last night. Just more fuel for the rocket ride up. Big volume day in the gold futures. Fed wants/needs inflation so no rates will be unchanged.
Dreamer
The Fed already gave their 1 percent elitist friends their unchanged rate decision.
The Fed wants the dollar to decrease in an orderly way but what if the dollar goes down in a violent disorderly way.
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Nice.. labu up… They said u were nuts for saying the stock market was gonna make new highs, never mind going triple leveraged in bio.
Thats how you sell subscriptions. You predict a crash is coming. Then when it never happens you just keep predicting it’s right around the corner.
nice chart
With the rate decision tomorrow, does anyone have a viewpoint a surprise cheeky rate raise may do Gold / Dollar and how low/ high these may go respectively? Thank you 🙂
The Fed has never done a “surprise” rate hike. They have never raised rates with the odds under 75%. They are currently at 15%.
how do you decide “odds”?
The Futures market.
slv trying to trend up, gld struggling, ditto gold stocks.
A few junior gold stocks seem to be waking up. AEM getting into +ve mode? Rest of the complex to follow soon? Time will tell.
Gary,
What if no rate hike is already priced in metals and miners? When Fed comes out with no hike then metals take the beating. Maybe a likely scenario?
Gary,
Regarding rate hike, I think the most important is not the possible hike, but the Fed comments afterwards, if Fed prepares markets for hike in December, maybe the markets will not like that.
The Fed has been crying wolf for a year now.
Gary the Euro hit 50% fib retracement looks ripe for bounce here.
Finally now it is the time to re-buy gold at 1323 and miners at 26.12 in after-night trading but only a portion of a full position with tight stop loss, just in case the unexpected occurs: a rate hike.
USX upside is exhausted (unless the unexpected rate hike occurs) so that right after FOMC USX should plunge and gold spring like a rocket.
….USX strongly rejected by its 200dma in early European trading after producing the expected bull trap (though of a much lower intensity than I had hoped) in Asian trading today.
the gold bull gets stronger and stronger.
already long, following Gary
go long again today when market opens, following Alex
it is ok as long as you do not average down the price of your position.
if you’re already long at a higher acquisition price, it would be wiser to scale in to your position after both occur:
– FOMC is released
– gold/miners’ price rises to at least your former acquisition price
What time does the Duck chime in and tell us he was wrong? oh that right his call is 12 months long….why not make it two years eventually you’ll be correct. This is why as Gary says you need to separate yourself from REAL traders and trolls, trolls are always the loudest posters desperate to prove their point and existence.
Good trading.
Gold and silver already on the move up thanks to BOJ.
The Fed is trapped and cannot raise rates. When will market participants realize the Fed is a bunch of bozos and has NO credibility and a total failure.
FED will have space for raising in December.
That move may also catalyzed the yearly cycle decline in stocks.
How can any comment be made now on December Fed meeting when there is a ton of economic data between now and then.
Gold goes over $1,330 ans silver going toward $20.
I had a post that this would start to happen two days ago but started last night. Just more fuel for the rocket ride up. Big volume day in the gold futures. Fed wants/needs inflation so no rates will be unchanged.
The Fed already gave their 1 percent elitist friends their unchanged rate decision.
The Fed wants the dollar to decrease in an orderly way but what if the dollar goes down in a violent disorderly way.