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Weekend Thread - March 9th & 10th

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  • Weekend Thread - March 9th & 10th

    Poly:

    https://twitter.com/BobLoukas?ref_sr...public-blog%2F

  • #2
    Ciovacco:

    https://www.ccmmarketmodel.com/short...e-on-the-ropes

    Comment


    • #3
      Greg Harmon‏Verified account @harmongreg 1h1 hour ago

      5 days lower after a 10 week uptrend.Small caps without any downside. And peeps calling a top and rollover. May happen, but a clear signal that sentiment not as bullish as media would lead you to believe

      Comment


      • #4
        Carter Worth on the S&P 500:

        https://twitter.com/CNBCFastMoney/st...47127612125184

        Comment


        • #5
          USD, stocks:

          https://likesmoneycycletrading.wordpress.com/

          Comment


          • #6
            Fear & greed:

            https://money.cnn.com/data/fear-and-greed/

            Comment


            • #7
              A current Bitcoin price:

              https://www.worldcoinindex.com/coin/bitcoin

              Comment


              • #8
                Crypto:

                https://finviz.com/crypto.ashx

                Comment


                • #9
                  History of trade protection and credit cycle:From Goldmoney post Peak Credit vs Tariff war

                  覧覧覧覧覧覧覧覧覧覧覧
                  Peak credit is coinciding with trade protection
                  In a previous article I pointed out the catastrophic danger of combining trade protectionism with the top of the credit cycle. This combination was devastating when the Smoot-Hawley Tariff Act was passed by Congress in October 1929, particularly when compared with the relatively minor consequences of the Fordney-McCumber tariffs of 1922. The difference was Fordney-McCumber was introduced early in the credit cycle, and Smoot-Hawley at its peak. This dissimilarity was the principal driver behind the viciousness of the Wall Street crash and the subsequent global depression.

                  We have a situation today so similar to Smoot-Hawley and its coincidence with the top of the credit cycle in 1929 that we should be deeply concerned. What is particularly alarming is that international trade appears to have already stopped expanding, almost as if it has run into a brick wall. A comparison with the 1929 experience suggests this result as extremely likely. That precedent warns us today痴 international trade may be rapidly sliding from expansion into severe contraction, with dire consequences for the whole global economy. Smoot-Hawley and the top of the credit cycle in 1929 combined into the motive force that made the great depression unnecessarily deep, global and intractable.

                  Comment


                  • #10
                    Spock sent out a chart to day of the GSR.

                    There have been other charts here and comment but I wanted to try to grasp this better.

                    Kind of like learning where to place a volley when up at the net!

                    So it looks like the ratio is in the mid 80″s right now and this article points to maybe the 50′ as being preferred?



                    For the hard-asset enthusiast, the gold-silver ratio is common parlance. For the average investor, it represents an arcane metric that is anything but well-known. The fact is that a substantial profit potential exists in some established strategies that rely on this ratio.

                    The gold-silver ratio represents the number of ounces of silver it takes to buy a single ounce of gold. Here痴 how investors benefit from this ratio. How the Ratio Works

                    When gold trades at $500 per ounce and silver at $5, traders refer to a gold-silver ratio of 100. Today the ratio floats because gold and silver are valued daily by market forces, but this has not always been the case. The ratio has been permanently set at different times in history, and in different places, by governments seeking monetary stability.

                    Here痴 a thumbnail overview of that history:
                    • 2007 For the year, the gold-silver ratio averaged 51.
                    • 1991 When silver hit record lows, the ratio peaked at 100.
                    • 1980 At the time of the last great surge in gold and silver, the ratio stood at 17.
                    • End of the 19th Century The nearly universal fixed ratio of 15 came to a close with the end of the bi-metallic era.
                    • Roman Empire The ratio was set at 12.
                    • 323 BC The ratio stood at 12.5 upon the death of Alexander the Great.

                    These days, gold and silver trade more or less in sync, but there are periods when the ratio drops or rises to levels that could be considered statistically 兎xtreme. These extreme levels create trading opportunities. How to Trade the Gold-silver Ratio

                    First, trading the gold-silver ratio is an activity primarily undertaken by hard-asset enthusiasts often called gold bugs. Why? Because the trade is predicated on accumulating greater quantities of metal and not on increasing dollar-value profits. Sound confusing? Let痴 look at an example.

                    The essence of trading the gold-silver ratio is to switch holdings when the ratio swings to historically determined extremes. So:
                    1. When a trader possesses one ounce of gold and the ratio rises to an unprecedented 100, the trader would sell their single gold ounce for 100 ounces of silver.
                    2. When the ratio then contracted to an opposite historical extreme of 50, for example, the trader would then sell his or her 100 ounces for two ounces of gold.
                    3. In this manner, the trader would continue to accumulate quantities of metal seeking extreme ratio numbers to trade and maximize holdings.

                    Note that no dollar value is considered when making the trade; the relative value of the metal is considered unimportant.

                    For those worried about devaluation, deflation, currency replacement, and even war, the strategy makes sense. Precious metals have a proven record of maintaining their value in the face of any contingency that might threaten the worth of a nation痴 fiat currency. Drawbacks of the Trade

                    The difficulty with the trade is correctly identifying the extreme relative valuations between the metals. If the ratio hits 100 and an investor sells gold for silver, then the ratio continues to expand, hovering for the next five years between 120 and 150. The investor is stuck. A new trading precedent has apparently been set, and to trade back into gold during that period would mean a contraction in the investor痴 metal holdings.

                    In this case, the investor could continue to add to their silver holdings and wait for a contraction in the ratio, but nothing is certain. This is the essential risk for those trading the ratio. This example emphasizes the need to successfully monitor ratio changes over the short and medium term to catch the more likely extremes as they emerge.G Conclusion

                    There痴 an entire world of investing permutations available to the gold-silver ratio trader. What痴 most important is that the investor knows their own trading personality and risk profile. For the hard-asset investor concerned with the ongoing value of their nation痴 fiat currency, the gold-silver ratio trade offers the security of knowing, at the very least, that they always possess the metal.

                    Comment


                    • #11
                      Dogs & rabbits:

                      https://twitter.com/SteveStuWill/sta...71715480301569

                      Comment


                      • #12
                        From technical standpoint, one thing to be cautious is that bearish engulfing candle on weekly already established. So if this week bounce to weekly 5ma BUT then fade big again to form shooting star or big red candle, no good into rest of month and weekly 5ma will go downwards.

                        Comment


                        • #13
                          https://www.youtube.com/watch?v=zV2pWjQp4wA Hyperwave - Markets All At A Fork: Time For Money Management Chat

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                          • #14
                            Which tweet am I supposed to be looking at? Can you post the link to the tweets directly next time? Thanks!

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