- Search Metals Mine
- EF5 replied Oct 25, 2020
My base case is for there to be a housing bubble. The current period somewhat resembles the recession in 2001. Rates went down after the collapse of the Nasdaq bubble and a byproduct of lower rates was the housing bubble. Rates dropped this time to ...
- EF5 replied Oct 8, 2020
For technical analysis I suggest Evidence-Based Technical Analysis: Applying the Scientific Method and Statistical Inference to Trading Signals. Aside from technical analysis, I suggest the Market Wizards series. The original book is my favorite, ...
- EF5 replied Sep 10, 2020
I think your premise for a depression and market collapse is a little off base. The reasons you provide are somewhat bearish for consumer confidence, but you omitted all the bullish factors of monetary and fiscal stimulus.
- EF5 replied Sep 10, 2020
One of the traders I follow published a great article explaining what’s been going on with the markets lately. Fair warning, it’s 94 pages long but it’s worth the read: url
- EF5 replied Sep 10, 2020
I like Macro Voices with Erik Townsend.
- EF5 replied Aug 27, 2020
I’ve been long gold since March and the rise has played out quicker than expected. We recently hit a new all time high, but I don’t think it’s over yet. Coming out of the 2008 recession gold rallied for 3 years. Everything seems to be playing out in ...
- EF5 replied Jun 17, 2020
What did you think of The Intelligent Investor?
- EF5 replied Jun 8, 2020
Perhaps I can help, what software are you using?
- EF5 replied Jun 4, 2020
I sure hope it plays out like you're forecasting. This past sell-off has made me slightly nervous since it's come with a general risk-on move in markets.
- EF5 replied Jun 4, 2020
Are you back to being bullish on equities now? I hate to say it but I think I am. Bear market rallies just don't come this far... I think its amazing the whole bear market played out in about 40 days, fastest ever!
- EF5 replied May 27, 2020
I'd have to go with George Soros. He's the best money manager of all time as far as I'm concerned. I like how he's a macro guy too so we have a similar approach, albeit he's way way way better.
- EF5 replied May 20, 2020
That looks like a triple top to me... I've got a feeling it won't be that easy though. I'm bearish and I've got a suspicion we could see a quick breakout to 3000 before heading back down. It would be a great bull trap.
- EF5 replied May 20, 2020
Nice work. Gold does seem to be back on track again. The only thing that gives me pause is I'm bearish on equities. Equity weakness could temporarily put pressure on gold like it did in March. If that happens I intend on buying more.
- EF5 replied May 10, 2020
Glad you’ve been doing well. This still seems like a bear market rally in equities, but I don’t have as much conviction as I did earlier. I’m still very bullish on gold and might have to double my position in IAU.
- EF5 replied May 4, 2020
Nice timing on your exits! Futures show continuation of the sell-off on Friday.
- EF5 replied Apr 23, 2020
Bounced off the top of your channel and back down again. I'm not sure if we take some direction here or just stay rangebound awhile longer.
- EF5 replied Apr 23, 2020
Down the road inflation/stagflation may indeed be a problem. We appear to be entering a phase of deglobalisation and that will drive up inflation even if you don't take all the monetary expansion into account. I like being long metals and eventually ...
- EF5 replied Apr 16, 2020
1,924 is the all-time high on gold... I'll be amazed if we don't retest that in the next few months. My plan is to hold until at least 2,300 actually, but the all-time high is gold's next real test.
- EF5 replied Apr 16, 2020
Interesting, thanks for sharing that. I have trouble with eye strain so I was thinking a 4k display would be optimal for my Carbon X1, but I'm going to have to research this further before buying.
- EF5 replied Apr 15, 2020
If the market goes down as much as it did during the financial crisis then we’d be at roughly 1,600... Granted the financial crisis had one of the the biggest drawdowns in history, but it’s plausible this will be as bad if anyone one of a number of ...