DrStool Posted March 24, 2020 Report Share Posted March 24, 2020 The ES reversed all of yesterday's loss, plus. But what does it really mean. Stay tuned for today's episode of General VIrus. Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2020 Author Report Share Posted March 24, 2020 Gold is up $108. Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2020 Author Report Share Posted March 24, 2020 Hyperinflation, baby. Link to comment Share on other sites More sharing options...
SiP Posted March 24, 2020 Report Share Posted March 24, 2020 Banks borrow record $89.3 bln from BOJ's. The takeup was well beyond its previous record of $50.2 billion, hit on October 21, 2008, during the global financial crisis https://reut.rs/3afh3ab Link to comment Share on other sites More sharing options...
SiP Posted March 24, 2020 Report Share Posted March 24, 2020 GC futures / spot gold Highest basis since October 2008 $GC_F $GLD $GDX Link to comment Share on other sites More sharing options...
DrStool Posted March 24, 2020 Author Report Share Posted March 24, 2020 LEE'S FREE THINKING Gold Is Up $108 by Lee Adler • March 24, 2020 • 0 Comments Hyperinflation is coming. Link to comment Share on other sites More sharing options...
jp6 Posted March 24, 2020 Report Share Posted March 24, 2020 Me think Gold stocks won't do good as Real Gold. QE Infinity is here The Federal Reserve just pledged asset purchases with no limit to support markets Link to comment Share on other sites More sharing options...
GregFokker Posted March 24, 2020 Report Share Posted March 24, 2020 Looks like yesterday marked a relative low. My gut is uncanny, if only I could find a way to actually trust it enough to trade. Link to comment Share on other sites More sharing options...
sandy beach Posted March 24, 2020 Report Share Posted March 24, 2020 4 minutes ago, GregFokker said: Looks like yesterday marked a relative low. My gut is uncanny, if only I could find a way to actually trust it enough to trade. We need to get a patent on your gut Greg and start a Stool hedge fund. Link to comment Share on other sites More sharing options...
GregFokker Posted March 24, 2020 Report Share Posted March 24, 2020 I can't even trade my own money without blowing it up. Yes to the Stool fund though- Doc, whaddya say? Link to comment Share on other sites More sharing options...
Jimbo Posted March 24, 2020 Report Share Posted March 24, 2020 THE GREAT INFLATION TRADE The Fed has to go full inflation to save the Financial Industrial Complex. Otherwise its straight debt default. And they wont allow that. There is simply too much debt in the system to ever repay in real terms. Real assets yes financial assets no will be the mantra from now on. Very 1970's. Link to comment Share on other sites More sharing options...
GregFokker Posted March 24, 2020 Report Share Posted March 24, 2020 Back in 2001 or 2002 when we all first met, I did great with gold and silver, then spent years losing out on other real assets (commodities). Energy stocks have been crushed, especially in Canada- presumably because ultra cheap money and capital had been fueling their rise. I'm still sitting on substantial losses, like most Canadians, and really don't know what to do here. It's easy to buy these stocks at these levels, which sets off a trader's alarm bell for me on its own.. Link to comment Share on other sites More sharing options...
potatohead Posted March 24, 2020 Report Share Posted March 24, 2020 This has been confirmed. Link to comment Share on other sites More sharing options...
sandy beach Posted March 24, 2020 Report Share Posted March 24, 2020 2 minutes ago, potatohead said: This has been confirmed. For us dummies can you please explain this is small words? Why are refiners shutting down? Why aren't metals moving? Who are these market makers and what is EFP? Are CME futures way below OTC spot? I don't follow gold at all. Sorry to be such and idiot. Link to comment Share on other sites More sharing options...
sandy beach Posted March 24, 2020 Report Share Posted March 24, 2020 EFP = Exchange for Physical on the CME. There I learned something! Link to comment Share on other sites More sharing options...
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