What a bad day to buy AU/AG but yesterday I promised!

in #leolast year (edited)

image.png

Maybe trouble.. maybe not trouble. Look to Cramer?

image.png

You know there's a guy on twitter called reverse-cramer calls..

Rate hikes is equivalent to a patient hoping to undo more than a decade of weight gain by stopping eating altogether in hopes of losing all the weight in a few days. The result is always one and the same and it's always tragic. And yet, looking at Reynold's chart, 10Y TSYs have gone on a crash diet and haven't eaten for a near record 9 weeks, so to speak.

image.png

So there's relief in the air. What's more 'bullish' then bailing more banks out?

What an idiot I am. My wife said couldn't I wait a day? Well tomorrow's blog should be interesting shouldn't it? Everyone was expecting a nice big bounce today. The HALT OF interest rates seem to be of interest to most central banks across the world. Ok so maybe the FED will raise another 50 basis points but ohhhhhhhh is that going to hurt.

73116AA7-1F6F-4244-BAA6-5FA7B39C90F9.jpeg

27A3BE49-EAA7-4214-8C30-860C5B008EBB.jpeg

Hope you enjoyed see you tomorrow.

Sort:  

More interest rate hikes to pummel the precious metal and cryoto prices. Even if they pay us $10/oz to take they away the phyz market will charge a $40/oz premium on a round handing us a net of $30/oz we still have to pay for the shiny, crazy as it sounds but we already saw that with oil at the start of the lockdowns.

Posted Using LeoFinance Beta

Hyper-inflation or behind door number two a credit freeze. There is no way these folks can thread the needle on this one. It is time to place your bets! Hyper-inflation means Stocks and Metals soar in a crack up boom the likes of which have never been seen. A credit freeze means who ever has the food and fuel wins the day!

Are you still stacking firewood? We had a bad storm this weekend and I am foraging oak and maple tomorrow. Two oak logs for a Silver Maple seems a fair price to me. :)

lol if things are that bad I have an axe and a hatchet. I would be chopping and hauling a lot. Gonna need maples for food instead. First the tree's in the front lol