I’ll give you an outlook on platinum.

Oh wait, I already did back on August 9th when I warned you guys it was doomed. And it has been dropping like a rock ever since. It was an excellent trade. One of the most obvious set ups I have seen in a long while.

And its not finished falling yet either. Score another for Birdman (thank you very much). And I will just pluck another feather out of my tail and stick it in my hat!!

Hahaha!!! 🙂 ……and Moriarty said I was always wrong. Too freaking funny man.

Bird, appreciate the posts.

But if I recall, Bob M wrote an article a bit back saying a drop was coming and it could be an excellent buying opportunity.
I still think (not that I have anything but guesses) that resources are headed up.
1275-1150 gold? then up, money has got to go somewhere, and these big players may just have gotten out for the correction.
Everything else seems to be expensive.

The smartest traders and investors understand nobody knows anything. lol
buy cheap unwanted and sell exspensive wanted, big money will be back.

Golds big drop might come with a raise in rates. its possible.

Bob wrote an article on platinum saying it would drop? Must have been after it got kicked in the teeth because he was really angry with me the day I said it was toast and let me know I did not know anything!!!!

Thanks Birdman. What is your target for a bottom in Platinum in this corrective move?

I saw your target for Gold of $1307 yesterday and noted it and will watch to see how that works out.

What are your precise targets for the end of the corrective move in Silver, Copper, Oil?

I cant say Bob wrote specifically about platinum, I think he was saying a drop in resources . Actually it might have been an interview, about a month back?

Were all entitled to let off a little steam, even if the general consensus is that your not. lol

I doubt very much that Bob was talking about a short term trade. I was not. Platinum is historically cheap relative gold.

Remember, I do not own it as I prefer silver for my “safe” leverage to gold and miners for the big gains.

http://stockcharts.com/h-sc/ui?s=%24PLAT%3A%24GOLD&p=W&yr=10&mn=8&dy=0&id=p59919703325

I didn’t figure Birdman would stick his neck out through his megaphone cover to give precise targets for the downside correction in Silver, Platinum, Copper, or Oil.

He can just hide behind the cover he doesn’t read anything I write….until the next time he decides to troll.

Put some skin in the game and give precise targets or you get no gloating rights buddy.

I think with all the trading I have done I hit an exact bottom once, I have never hit an exact top.
Excluding of course those weeks that so many were stuck at their exact bottoms.

Yeah sure Matthew. Why not just read Bob’s comment for yourself instead of guessing or “doubting very much” what Bob meant since his words are crystal clear. On August 10th Robert Moriarty wrote:

Another wonderful and timely call on the part of Birdman.

On August 9, 2016 at 1:31 am, Birdman says:
“Platinum is pretty much done too. Check it on a monthly chart. She’s cooked and suffering from the same expanding wedge (daily chart) that is going to sink silver and gold. Even copper when viewed on the weekly is still in decline. Not at the bottom yet. Nobody wants to believe that around here but sorry we are still in deflation until this ends. And it will end. Just nobody can time it properly. Inflation is still a fantasy though”.

And who said you were clueless and never made a good call. That was one of the most timely calls I have ever witnessed. Oops, you didn’t mean it. You meant to say it was going to go up.
———————————–

No Bob….I meant to say it was going down. That’s what the words “cooked” and “done” tell you……………….so you see Matthew, Robert was on the other side of the trade. Anyway, why are you defending him?

B – you also don’t make outlandish statements that help nobody like:

“Oh wait, I already did back on August 9th when I warned you guys it was doomed. ”
– Birdman

If he wants to be respected, then ditch the vague megaphone patterns and Long term 20 year charts, and give everyone specific short-term or even medium-term targets, with charts, and the rationale on how he arrived at those targets. Otherwise it is just pissing in the wind….

You know what Excelsior….I will answer this one post of yours.

I called the turn in Platinum to the exact day. You can’t do that. And that’s why we are different and you think its pissing in the wind because you don’t understand how I can do it. (and I am not going to help someone like you figure it out either).

And then Bob added the following insults to make himself perfectly clear:

On August 10, 2016 at 2:23 am, Robert Moriarty says:

Birdman:

I really hope you put your money where your mouth is. I do.

How about those margin calls?

Another brilliant comment out of the beak of Birdman.

“Look Matthew, I cannot be be wrong until I am actually wrong”.

Actually Bird, the way the rest of the world works is that you are wrong until you are right. You wouldn’t understand that because you are never right, only more wrong than you were last week. But wrong is always wrong until it is right. The rest of us get it. If platinum went up $100 in a day would you get it?

I have no idea what you are talking about, as I’ve nailed many turns to the upside and downside with a fairly accurate percentage. All of us make bad calls, or get surprised, but I’ve repeatedly hit pretty good calls in Gold, Silver, Platinum and Platinum miners, Oil, Volatility, Bonds and Currencies.

If you want to know “why we are different” then I’ll enlighten you, but try to keep up. Most of us on here really like trying to help other investors and share ideas, where as it seems you like making obnoxious calls with all your arrogance, and simultaneously gloat or call gold bugs retards, or bugtards, or idiots, while you’re making the call. Then you normally take things to the absurd claim that you were the “only one” that made a certain call. That is all poppycock, and there are 2 sides to the trade all day long, and many analysts on both the long and short side of any asset class any day of the week.

It is that kind of gibberish you pour out when you were on your DUST campaign warning of certain doom in one of the strongest bull markets in the PM miners in years. (LMAO!!!)

Birdman/Farmer in Canada/A-Listener : Please Listen.

You called for Gold to turn and crash all year long and were consistently wrong. You’ve made bozo calls in Oil, the Dollar, and completely underestimated the strength in the miners all year long. Now that you happened to get lucky with your simply amazing “Platinum call”, you think you’ve become Einstein.

You vaguely mentioned an expanding wedge (aka …… you guessed it folks…. a megaphone), and like a broken clock, eventually you got the time correct. Now the metals have entered a corrective phase and you are saying “Look…things are going down…. and I called it because I figured it out.” — gimme a break….. geez…

When real technical analysis is done that can actually help investors, they are using a system of cycles, wave counts, candlesticks, chart patterns, ratios, mathematics, and normally a combination of multiple inputs and indicators.

You offered no real definable time-frame, or price target. (that’s kind of the basics 🙂 ) Next, there was no support evidence that was tied to moving average, Fibonacci retracement, or wave extension, no MACD, no RSI, No TRIX, No commodity channel, no volume analysis, no Bollinger Bands, no kelter channels, no slow stochastics, no Adx, no death cross, or pattern other than the megaphone….

Basically you offered no time-frame, no price target, and no rationale or evidence other that a shot in the dark that we are in this big megaphone and eventually things will pull back. You said this enough until you finally got synched up. Way to go on that brilliant call.

So let’s here some targets on when you think the corrective phase will be over in Platinum, Silver, Copper, and Oil. Where are thing headed you talented man?

However, please post a chart, give us the technical indicators you are using, and the logic behind how you came up with your target = real data, real reasons.

If you provide the rationale behind the trade, and hit things correctly regularly and don’t insult 90% of people on the KER blog in the process, then you’ll have my respect, and likely many others.

If you are going to just gloat & insult others when you happened to get lucky on the timing of a call, then yeah….it’s just pissing in the wind….. and it’s pretty annoying.

blah blah blah….too many words for me tonight.

Perfect! 😉

It is. Whats really nice is my stress levels are zero ignoring your blather while you spin your wheels trying to make the usual case against me (I don’t even need to read the junk to guess what you are up too since I already know your MO pretty well.

So its just you making yourself look silly and swinging on your own rope.

Bird, the more stress you can cause others, the less stress you seem to have. Sad.

Birdman – The post was about what a joke your skills are, how you got lucky with one vague mention of a megaphone, and think you are some kind of technical wizard, yet you offered no price targets, no timelines, and no supporting technical data. A vague shot in the dark and technical analysis are not the same thing.

The reason you don’t respond to actual logic and facts is that they get in the way of your bloated ego and delusional narrative. When you are done lying about what you said, or flip-flopping you are out beating on your chest about how you are the “best” the “only one that called something” or other such nonsense. I was simply pointing out what a phony you are, contrasted that with what real technicians do.

Once again, your are TOO LAZY to read a substantive response that challenges your bravado and self-proclaimed greatness. It does not surprise anyone here that you’d skip a post calling out your BS and challenging you to provide us with real price targets, a time-line, and the logic, data, and technical indicators you are using to come up with those so other investors can follow along and evaluate the call.

I figured you shy away from real work and being held accountable. Good luck with your bragging campaign though. There are always a few dopes that fall for it and miss the fact that you are full of bird droppings.

The boys are getting testy James. Just ignore them. Their little precious wants to break down (and will based on the platinum chart) so they need to blow off a little steam and throw some hostility around.

Relax to your theme song, Birdman:

https://www.youtube.com/watch?v=Y5S-_LIARo8

I completely concur, because macro are bigger picture trend changed. Yes, I do like hearing anyone’s macro thoughts, but I don’t need Rick’s macro thought on gold every single day.

People claim that they buy gold for a store of value or insurance, and have already put it away for the “long term. A few other say they don’t care what the price is and they just “dollar cost average” into each month. Well if that is true, then why do they want to scrutinize every little $5 or $15 move in gold on a daily basis?

If you buy gold for the longer term, then just buy it and store it, but you aren’t trading it anyway, so why do you need a Daily macro update on Gold?? (makes no sense)

Rick has covered 3-4 stocks a day, in a huge variety of stocks and ETFS in different sectors, for about the last month or two and has given traders TONS of actionable tips & targets. If they wanted to make money investing, then he gave traders everything needed so they could trade accordingly…. and they say, “yeah, but what about Gold?” Huh?? 😉

Did these listeners take the advice and act on it and get paid yet? I know I’ve listened very carefully when he covered stocks I own or am watching, and make note of the targets he throws out for exit points, or averaging in points. Who really cares what gold is doing every 5 minutes (unless it is a significant support or resistance or mid-point pivot?

There are many stocks that are operating on their own fundamental news flow (drill results, takeovers, financing announcement, production improvements, etc…) and this goes in harmony with their own Technical patterns. Rick is a pro at giving out the technical targets that could make anyone that listens some good returns…. but only if they take action.

In addition, one can learn a great deal just by listening to how Rick’s methods and approaches to TA work, and they can be applied to any asset class. (but never mind that, what do you think of gold now….it’s been 5 minutes since we last asked) 😮

Thanks anyway Matthew but I never open your links. Why not just hum it to yourself (whatever it is).

Well that’s a lie, Bird. You bitched many times about not being able to open my linked charts.

That was a long time ago. Things change.

Yeah, sure, Birdman. 😉

I only have two rules related to this site btw. One, going back many months, is to ignore all your links and the second more recent rule is to never read a word Excelsior writes. I get by just fine that way and it keeps my online life simple and stress free.

You respond to so many of my posts, commenting on what I just said, that I thought all this time you were just my crazy fan boy. Now I realize you just specialize in tall tales, turtles, and taunts. What a waste….

The truth is, Birdman is here because his turtle refuses to stroke his ego. To make matters worse, the turtle doesn’t respond to his insults, either.

Tragically funny and I feel sorry for the turtle.

Rule # 2 ” second more recent rule is to never read a word Excelsior writes.” – Birdman

If you’d like and example from yesterday where you violated one of your 2 rules:

—> On September 15, 2016 at 3:50 pm,
Excelsior says:

“There are some fun Copper miners out there to keep tabs on as well.”

—-> On September 15, 2016 at 5:57 pm,
Birdman says:

“Fun? Like a carnival or something? Yeah…I don’t get that at all.” (Woops, violated Rule 2)

—> On September 15, 2016 at 9:31 pm,
Excelsior says:

“Yep – fun to follow their progress, development, and exploration work.”

“Fun was a real conundrum.”

If words like “fun” trip you up, then I can see why you may skip the more cerebral charts that Matthew takes the time to post for all our benefit.

Its true Excelsior. I don’t read your posts. There are exceptions that slip through of course. Like occasionally when you are responding to me directly or when they are very brief, but otherwise I just scan past all the blather exactly as you requested when you suggested I should just “scroll on by”.

I thought that was great advice. So I took it.

Fair enough. I’ll try to make them all longer then so you don’t respond to any of them.

OK! 🙂

Darn, that last one wasn’t long enough…..

Lol !

😉

Agreed Marty. Thanks. Yes, I seemed to remember an $818 number at one point, but that was only when Big Al pressed him for a ultimate low if things went down sub $1000.

Now, everyone has changed the facts and say he was “calling for that”. He wasn’t. He moves one target at time and was never imminently calling for that move down. People are great at changing the facts to fit their opinions though.

Agrium scrambles to convince shareholders over Potash Corp merger deal
Sep 15 2016

Agrium (NYSE:AGU) execs plans to meet with reluctant shareholders next week in Toronto to support its proposed merger with Potash Corp. (NYSE:POT), seeking to ease concerns that the new company would be too linked to the crop nutrient potash, which has fallen this year to decade lows on oversupply and tumbling crop prices.

AGU shareholders generally dislike the deal; shares slumped 6% from Monday’s deal announcement to yesterday before bouncing a bit today.

AGU’s farm retail business, currently worth 48% of EBITDA, would account for just 19% of the new company, a level that dismays some shareholders.

To be sure, some shareholders like the idea of creating a crop nutrient champion with nearly 3x the enterprise value of the next biggest fertilizer company.

http://seekingalpha.com/news/3209189-agrium-scrambles-convince-shareholders-potash-merger-deal

I like the companies, but not till the picture is more clear. Farm income has been going down, operating loans up. If corn, wheat, soy prices turn up nicely, POT sounds like a good investment.

Yes of course, Potash corp, I forgot that one.

Its a little pricey for me, I prefer cheaper shares, I find that way they dont take so long to double etc.
Not to say I dont like the company, I do and figure its a good bet.

B – Potash Corp was on the list I gave you along with a whole slew of other companies (many of which are less “pricey” if that is your criteria). I didn’t figure you’d acknowledge that or say thank you though.

“You can lead a thirsty horse to water, but you can’t make him drink”

“You can’t push a wet noodle”

Pricey? Geez B, its practically a blue chip in the Ag business and its just 25% of peak value. All the major funds own it when its moving. Not that I expect it to go back to the highs in the next few years but if it turns up there’s an easy double in it before it hits serious resistance.

Ok thx Ex, but I dont trade on american markets.

Bird, I said I figured Pot ash corp is a good one, and I happen to agree with you.

But we trade differantly, that makes markets lol

I look for “home runs”, remember awhile back I was saying I couldnt understand why on earth people were after small percentages?

Pot ash very well could double in time, but I sorta doubt it becomes a 10 bagger anytime soon.

Probably right b.

Ten baggers are a lot harder to spot though unless you are really sharp with the juniors and trend setters. I kind of prefer things I understand that have good probabilities of going in my preferred direction (up). Maybe I am just dull!!! Or the gambling side isn’t my cup of tea…….

Bird
I obviously find your “directional calls” good and useful.

Most shares I watch are cheap, my last “home run” was gng, I suggested just prior, when people were expecting “to the moon” action that people might want to consider 1/2 cent shares.
1/2 cent o a top of 14 cents is none too shabby, no I didnt hit the top but what the heck, I generally sell before things top as I take liquidity into account.
I find liquidity dries up near tops., and I like to sell pretty much everything in one trade.

Anyway, nobody was interested at the time so I never mentioned any I followed.

Nice result.
Congrat’s.
Cheers.

It was well said.

Got it. Thanks as it references both a price target, and how you arrived at it (a prior peak).

Do you have any other indicators lining up at that price point (Feb 12th high), or is that the primary data point you are watching for?