Should we expect any major moves this week in the markets?
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Another banker bites the dust.
Been quite a few these last several months
Is it statistically significant or is it just getting reported more
Seniors get zirp,,,,and bankers are getting zapped.
I think it’s in the dozens over the last two years.
The most creative was ‘suicide’ by nail gun. 7 or 8 nails I think!
Other people have committed suicide by mail guns in the past. Plenty of people in the financial industry have committed suicide in the past. Nothing mysterious about it like the conspiracy theorist believe including some on this forum.
JMiller, your indoctrination is on display when you try to discredit anyone by calling them a “conspiracy theorist.” You’re sleepwalking through life if you think conspiracies have EVER been rare.
Just 2.5 months into 2014 there were 12 finance related suicides. Dr. Christine Moutier, chief medical officer of the American Foundation for Suicide Prevention said: “Jumping is much less common as a method for suicide in general, so I am struck by the number that have occurred in recent months in this industry.”
http://nypost.com/2014/03/18/string-of-suicides-rocking-financial-world-baffles-experts/
I am not claiming to know for a fact that there’s been foul play, but something does seem fishy to many thinking observers.
Matthew,
Sorry but not all of those suicides were not really murders disguised to look like suicides as the conspiracy theorist try to make it out to be.
“Jumping is much less common as a method for suicide in general”
Well where I live in the past year we had four people commit suicide by jumping off of the same parking garage. A dozen people so far have jumped from the garage, newspaper records show. Eight have died. It is obviously a conspiracy.
No Matthew, it is the truth that is on display.
There are a lot more conspiracy theories that are false than true, Matthew.
I would guess just closer reporting.
you are just saying that ,,,,,being an old retired banker…………
How many real estate agents are murdered on a daily basis………….
Not much more than normal from what I read.
Cleaveland………..12 yr. old BLACK Y0UTH SHOT BY COP……the cop shot the kid who had a PLAY GUN AT the Playground………cops gone wild………..expect more….imho.
I saw something about that this morning and now I can’t find it.
I will do a google search.
I heard it on the radio this morning…………
Jerry….It was on the BBC here in the UK…..Your cops are too trigger happy.
I agree……………..
Ferguson up in flames.
“Quiet week” is a good opportunity to say this: Al, I love your site and I think you have about as much pure class as a person can have. Your guest speakers – all of them – are extremely gracious to provide the input that they give here. It doesn’t matter “who is right” on a particular day or issue – they all have something good to say about the markets and give great insight into what is going on. It shapes my thinking and matures my understanding of the markets, allowing me to make much better informed choices in investing. Thanks so much for that. Also, if I may be so bold, your faith shows . . . and I appreciate that and respect that greatly. You are obviously a man who lives his beliefs. Again, thanks for a tremendous program, and all of you please have a great thanksgiving holiday.
Phil……DITTO.
Thanks you Phil and God bless!
Thanks to you too, Mr. Irish!
GDXJ priced in SPY screams buy miners and sell conventional stocks.
http://stockcharts.com/h-sc/ui?s=GDXJ:SPY&p=D&yr=1&mn=6&dy=0&id=p72223735407&a=372425482&listNum=1
I think gold is treading water here due to the short week and the Swiss vote. The bulls will let the bears think they’re in control a little longer.
Matthew,
Checkout the 50MA and the 200MA on spot gold. It will not be a slow week. In fact according to my day count and cycle theory gold will take the plunge today or tonight. It’s going to be a huge week!
The MA’s tell the story.
Chartster,
How many times do you want to repeat this? I already have too many fortune tellers who failed. Can you give a final deadline?
Hey bud, I just gave you the clues.
Yes I was off a few weeks, but as time unfolds I get more new info and that’s what I do!
I hope someone here gets your clue.
Chartster, you’re assigning a lot of value to the MAs.
Yup, they do show some large moves about to occur. Like down hard then right back up.
If December Gold rolls down from here I’ll be using 1145.00 — a ‘midpoint Hidden Pivot’ support, as a tell-tale. Its easy breach would imply more downside over the near term to at least 1114.60. Regardless, 1145.00 could, and should, be bottom-fished with as tight as stop-loss as you can handle.
Hi Matthew… thank you very much about Fib 55/233.. I want to thank you here as I’m not sure you’d go back to that old commentary….
Regarding gold, tonight there will be BOJ minutes and Kuroda speaks… will see if Chartster is right.. 🙂
Back to a question to you.. any concern do you have if a NO result on Swiss vote is materialized on this Sunday?
Thanks man!
You’re welcome, genesys.
I am not concerned about the passage of the referendum, but I am for it. Gold could still retest its low whatever the outcome is. A big move up is coming, so selling too much in anticipation of a decline can be risky. I probably won’t be selling shares but am likely to sell more GDXJ calls tomorrow.
A significant pullback in gold (specifically the miners) should be bought in my opinion.
OPEC meeting on Thursday – oil production increased, dropped or held the same???
BOB…..Its all about keeping the US dollar alive.
Chartster here we go again
Lol, James
There is too much focus on the USD and gold. Gold is not backing down at all if you look at it in Euros or Yen. So gold and USD are going higher together. This is wonderful if you are running a gold mine outside the US, especially if your input costs due to energy are going down.
Paul,
Thanks for that chart. It tells me we have some serious currency moves coming as well.
Gold:yen is set to rise for a long time.
http://stockcharts.com/h-sc/ui?s=GLD:$XJY&p=M&yr=9&mn=11&dy=30&id=p66751001988&a=377752074
I agree. Might need to set up a multiple currency account for safety.
Here is another way to look at it…..gold versus foreign currencies using the bearish USD Index etf. It gives a different picture than always looking at gold in USD.
I agree and posted this weekly chart recently:
http://stockcharts.com/h-sc/ui?s=$GOLD:UDN&p=W&yr=3&mn=0&dy=0&id=p88357272705&a=376633968
Just learned that Tahoe Resources brought in a 2 cent per month dividend on November 11. All in sustaining cost is 12.80$/oz. Comments?
Sorry Andrew, I do not follow Tahoe Resources. May Cory and Doc have a comment.
another sign of the times………..MASSMUTAL…………SR.PRES……..FOUND STABBED TO DEATH………zerohedge.