The move to risk-on away from risk-off continues but it’s not that simple of a trade
Chris Vermeulen joins me to share his trading strategy for the rising US markets and consolidating precious metals trade. We also look at the falling GDX daily chart that Chris thinks is offering a near term opportunity.
Click here to visit The Technical Traders website to follow along with Chris’s trades.
Looks like the markets are nearer and nearer to the next leg down…First leg down was the corona virus shock low…the next leg down will be the GDP liquidation/deflation low leg down…period…This always happens in complex declines…..In 1932, that ended the second leg down and WAS the actual GDP low for example…..But this never occurred when the nation was so fiscally bankrupt…over-leveraged….unproductive…socially divided…socially/politically corrupted….unresponsive…..incapable…This cannot end well…IMHO..OR CAN IT?……..food for thought
Hi Al and Cory,
Jerry knows where I’m going with this… For years many of our own contributors have been some of the best if not the best in expression, honesty, integrity and own personal beliefs. I’ve been very straight that I don’t like to shoot the religion side. I like to shoot with Matt, shad, Tracy, jerry, believe it or not bird lol, Matt will kill me just because I want to see the dragon show me his hand.
Contributors I respect are doc and Gary just because they respond on the board.. and they are humble.
My point is we look and watch all these “experts” and we have the best right here! Al I think you don’t give enough respect to your bloggers including Matt, shad,, others even myself you have never reached out and said thanks man! I don’t need credit but it gets boring when not one person cares not named shad Matt or jerry!
So I feel maybe my thoughts can go elsewhere.. I always thought here was a voice of reason and respect but dam you don’t even say a thank you to Matt!! That really gets me going.
Thanks for the kind words Glenfidish, and I agree with all the folks you named as being valuable contributors here at the KER ever week, and I certainly appreciate their insights.
ever = every
Glenfidish – Also, thank YOU for all your insights over the years as well amigo.
It is always nice to mull over investing ideas with like-minded free thinkers.
Ditto……..Glenfidish………..appreciate all your comments…….this is what makes a great site…..the participation…..
YOU CAN SAY that again….”all these “experts” and we have the best right here!””…….DITTO…..
I personally think, that there are few sites that get it right! Pretty I pressure to have about 4-5 guys that beat the blogs and the so called experts in calls.. seriously speaking the wisdom and free advice one gets in here from people who make money on a daily is incredible yet the host does not see this he only is fixed on political issues etc.
I think my time is running dry.. I rather chat with my pals privately..
Glenfidish, you like a lot of others here, they know who they are, have great social skills and that more than anything is what makes this site work for me. DT
D.T :
I know who I am.
My social skills are questionable.
It’s gotten me this far why change now.
Unfortunately Buzz is more right than wrong.
DUDE, why don’t you do four shots of Southern Comfort and call no one in the morning
Glenfidish I find it easy to just value and enjoy those whose contributions I appreciate. The rest is white noise. I might not always remember to thank them on each individual post but I do make a point of every once in a while giving my thanks. I know who I’ll be thanking in the future when compass gold gets moving.
Without some of the” white noise,” I doubt this site would exist…….You need some hits, to satisfy the advertisers………I think……?…….. 🙂
There’s advertising????
Check the sponsor list…….top right section…..
Adding to the points Chris mentioned: “The higher markets go w/ VIX above 18 or so, the MORE probability another crash will happen.” Keith McCullough on 6-10-2020