How the Millennial generation views markets compared to the Boomers
John Kaiser, Founder of Kaiser Research joins me to outline some of the key differences between the younger generation, that is now much more influential in the markets, and the older Baby Boomers. We start by looking at Bitcoin and commodities. We will continue this discussion in future interviews focusing more on specific sectors.
Imho one should be buying nothing. As I stated I sold most in Aug should have sold everything. I unload most silver stocks on that stupid spike.
EDR at $7.50 80% cash
https://stockcharts.com/h-sc/ui?s=ZJG.TO&p=D&yr=1&mn=0&dy=0&id=p44193662674&a=747269139&listNum=1
Waaaaaaay to many stock market experts including PM crazy people.
I just plunked $800k cash in my 2% account. Ill take the 2%.
Id rather be logging firs at $1000 a 1000.
Luk! Howdy Holy thx for the reply…great reading Im super biz. Back when I can.
My guys are good just posted last night.
“DJIA down 197 points so far this week, attended by a persistent non-confirmation with the NASDAQ and with bonds, and likely on its way to far, far lower levels.
Last week the highest number of “buying climaxes” was posted in 11 years. Back then, it kicked-off a 15% decline over a 48-day period. A “buying climax” is defined as a stock posting a 52-week high then ending the week down from the previous week’s close.
We believe a top of generational, perhaps historic, extremes compels us to take on additional short positions to an unprecedented extreme as technical conditions warrant it.
The higher markets are when the balloon finally, likely soon, pops, the bigger the implosion… which may have already begun.
Do not be complacent, and do not grow tired of making prudent moves whether those pay off or not.
SDOW position should soon be triggered.
If you’ve been waiting to enter short positions or to book profits on longs that have appreciated considerably, don’t wait any longer.
We’re selling all of DML – Denison for $1.20 or better tomorrow morning. At today’s close of $1.30 it’s up 155% from our entry 13 months ago, after recently being up as much as 349% from our entry.”
Never did like getting mud on my gucci shoes
When developing lots and properties…. lol
I learned a lot digging ditches in the 60’s for a guy who , jumped into
the ditch with his alligator shoes, to prove a point… 🙂
Million ways to skin a cat…. lol …. 🙂
HAHA
No mud here.
🙂
Just a note……I posted today to HG……
Petro Dollar is NOT being traded by 7 countries for OIL….
Good update OOTB. The Petro Dollar’s days are numbered and part of the old legacy system, that is going to have it’s eggs scrambled in the “great reset.”
Thanks Ex….. 🙂
Jerry, I spent the summer of 1965 digging ditches for a sprinkler company.
The pay was great at my ditch digging summer job…..Made a ton of money….
paid for the college… food and shelter… Which I am sure you did the same.
And we dug ditches from 6 am till 6 pm for $1.25 an hour in the hot Texas sun.
That was min. wage……..I was making that in a rag shop… in the cool air…part time.
If, I remember, I think , I was making over $2, ….had to be… I was taking home $200 wk.
in 1967…
Jerry, you are THE MAN!
Ha…..good one 1968 Norrareal… Hoping your day is a blessed one…
Thank you Jerry. Actually, I am bedridden with china virus. It’s been a nasty one for me so far
Norrareal……I hate to hear that…… Do not forget the vitamin D…..
larry, over in the political section, posted some great info concerning
Covid…..it was last week.
My prayers go out to you in this time of healing….May you have comfort
and safety from the storm…. In Jesus name. amen.
Thank you Jerry. May Our Lord Jesus Christ bless You.
Thank you Norrareal…..
I appreciate that…
Norrareal….Here is the tape………… try the 4 min. mark
https://www.youtube.com/watch?v=ZpMfMWV3DlQ
My wife and our younger daughter who still lives with us have been taking vitamin d regulary and it seems that they have not been infected. They are both well. Obviously, I haven’t been taking my vitamins and hve to endure some pain.
Get ready for the next strain…… there will be plenty more….considering the
NWO plan…..
Come join us over in the political section…..we cover a lot of ground…
Bonzo, you got to be kidding me. I dug ditches for about 4 years to help me get through grad school. I did it for a gas company in the upper midwest. We were unionized and it was the early 60s. Since it was unionized I made about $2.68/hour. Do I have some stories about that time. I moved all over the midwest. After 4 years, the owner called me into his office and asked me if I would like to quit school and work for him full time. He wanted me to head a crew either in Europe or down south.
Lot of DITCH DIGGERS here…………..no wonder we like digging for gold… 🙂
I worked in a grocery store and I don’t think I made as much as you diggers.
I guess my $2…was about correct, since, I remember that I was a union labor person.,
My frat brothers showed me how to get the gig, …so, there you have it.
Thanks for jogging my memory….I knew , it was more than $1.25…. Man were those the days….. lol
For you Texas people, I worked for Weingarten’s for a couple of years (Houston) during undergrad.
I have a pool digging story on a property that I owned. Worked out like a charm when there was a lot of aggravation on the construction site.
The summers of 1967 and 1970 I made good money working on Mississippi River boats from Port Arthur up to St. Paul and up the Ohio and Tennessee rivers to Knoxville, and up the Chicago river to Chicago. The summer of 1969 I sold marriage licenses as a deputy county clerk at the courthouse. I worked in the graduate dorm cafeteria in grad school at Indiana U. I joined the International Laborers Union of North America in 1973 to make money for a 5 month trip to Europe and Turkey. Even went to Bulgaria, Yugoslavia, east Germany DDR, Greece, Ireland, Denmark, Sweden, and drove a Morris Marina 2300 miles around England, Wales, and Scotland on the wrong side of narrow back roads full of sheep. It was so much fun I went back in 1974 armed with a 3 month Eurailpass to see everything from Sicily to Spain to Lappland and Finland and everything in between. went back in ’77 and ’78 too, but without a vaccine passport and may never go back.
Wow bonzo, what a great adventure it must have been? Europe was certainly a lot more different back then. I lived in Prague, Czechoslovakia in the spring of 89. Went back in 2001 and must say I liked it a lot more in 1989.
Ho Norrareal, I wish I had visited Prague and Budapest in ’73 or ‘”74. Europe was so cheap back then You really could travel Europe on $5 a day. And in Ireland, Spain, Greece, and Turkey it cost only $2 a day. And there weren’t near as many tourists in the early 70’s as people had much less money back then. So it was easy to get into the great museums and other sites, and with a student card it cost very little. I’m sure it was nicer back then. Ireland in ’73 was like going back to the 19th century. it was so friendly. I think Denmark was my favorite country.
Really fascinating backstory on prior working guys. Wishing all the ditch diggers, grocery workers, and laborers prosperity in the here and now.
OOTB: This comment gave me a chuckle…
“Lot of DITCH DIGGERS here…………..no wonder we like digging for gold… 🙂 “
Thanks EX…..glad you enjoyed it… 🙂
What’s happening…Bill.. I see all the ruckus is in here. The DJIA, most of the indexes reversed yesterday after a substantial rally. Oils back under 60 today and the cryptos are selling off.
I suspect that this system is going to unwind and all this leverage is going to come undone but who knows I’m not taking any chances in here doesn’t look like you’re taking the bait either Bill.
Thanks for the messages on the analysis and everything we’ll see what happens just steady as she goes and I’m staying out of all this hyper pitched propagandazied assets. Any short I initiate on the spoos I will need to see a substantial rally into April which can still happen so that’ll be the perfect setup. For many reasons the risk will be reduced substantially in any short position.
PS CR.to was .20 i sold it all $1.18
EVERYTHING IS TO SPECULATIVE for me.
Ditto! Jerry is the man 🙂
Jerry regarding the video you showed me a week or so ago, his technicals were completely wrong. Many are wrong hard fact.
When my secondary pattern failed and right shoulder was not holding, I was glad I mentioned it and made it clear we would break the lows over a million times. I have not changed my stance.
Mini gold update!
Norra, Charles, Anne, Jerry, wolf, to the ones who I just can’t remember right now and the ones who hate and the ones who challenge me daily 🙂
Let me make it 100% clear we are headed even lower. My pattern is 100% intact. In fact for the very first time last week I went short gold. As many of you know me for years I have never done it and in fact had a recent chat with ex about it. Well ex I took a position last week which I will keep to myself and it’s done me well. Trading position for everyone to know. It’s not by any means long term. The trend remains the friend 🙂
We have super increased volatility coming soon that will whipsaw even the best of the best traders! This is not for the faint. Be extremely careful if you dare to trade.
I will let you know in real terms when I go back long and it ain’t for some time from what my pattern tells me.
I also believe silver can go as low as $19 and that would be extreme hurt $19 good possibility and $22 $23 done deal
Remain strong and wait for better prices some of you are buying way to early just food for thought. Better prices coming. We are getting close to the low just a bit more work and increase bearish blood bad phase sentiment and then yes!
I will 100% let you all know when the gold low is final at least from my perspective.
If any of you appreciate my updates send a hello it’s much appreciated as I don’t seem to get the thank you as others yet I’m calling it like a shot caller lol.. you know the saying forever gone but not forgotten? Wishing you all the best and save the money for what’s coming you will thank me later..
Glen
Hey Glen……..thanks for the follow up…and as always I appreciate the feed back…
Thanks Jerry right back at you 😉😃
🙂
Good update Glen, and that makes sense to have taken out a short position on Gold or the Gold miners, as a good hedge against the falling prices. Cheers!
I like to read what you have to say too Glen.
Thank you b!
I also like the fact you seem to keep more balanced to approach..✋
Dear Glen, as always I like to read your updates. Let’s just hope we see a turnaround soon.
Norra
I promise you we will turn but first a little more hurt. I don’t mean this with a happy face but we are forced as investors to play the game or get runner over. Loved and learned. So what I’m trying to say is don’t sell anything you bought at a higher level or even now. Don’t sell anything. And if you have powder left wait for lower prices don’t go in now. Your going to have to wait it out but I’m the end you will come out on top. I
Thanks Glen, I use HZD and HGD for my ‘short’ positions. I have had better results from HGD than HZD though, I get punished for going against silver I guess, haha…
Sorry Glennie, I’ve been trying to pop onto the site when I can, but this past two weeks have been rushed for me.
Thanks as always for posting you perspective.
So, question for you… a while back you were sharing that you were keeping your long position intact regardless of the ups and downs. Is that still the case, or are you all cleared from those positions and waiting for the new low? Aside from your noted play against gold dropping?
Thanks.
Hey Canuck good to hear from you sir :),
My long term portfolio remains intact and no selling whatsoever just add as we head lower. So I’m this next move down I will be adding kinda like doc probably Matthew etc.. I will leave my most powder for April/may low.
My trading portfolio I got trapped at higher levels but I can wait it out I have no leverage.
My masters position is I took a short position vs gold as I mentioned above.
Hope this helps
The gold bull is still alive and well.. We have few more years to go.
Appreciate the update as always,Glen..Ann…no e. Lol
Thanks Dan for sharing those short vehicles you use (HGD) and (HZD).
Normally if it seems like there is going to be a pullback in Gold and the Gold miners then I just use JDST and DUST as as short hedge, as the miners provide more leverage to the drop than the metals, just like on the pop. Cheers!
NY close. Markets(active): https://tinyurl.com/3fjs3ex8
Metals(active): https://tinyurl.com/h3sa9xb7
Gold & Silver MaxSat(7). Possible bounce now.
I bought TLRS yesterday@ .2588 and now it is .16
Perhaps I should have waited a day to buy?