Just been BUSY if ya know what I mean Joe ;) Lots of folks seem to have that "headlights in the eyes of the deer in the middle of the road" look, if you know what I mean. Fear seems to reign and aint nuttin can be said to calm it. Oh Well...
Don't know what to say Joe. I only started posting after "lurking" for maybe six months. I registered on Kitco because of the B.S. I saw presented as fact. I'm honestly beginning to feel that J6P WANT'S to live in fantasy land. There are NO conspiracies that we know of! Conspiracies are a secret by definition. The market actions that folks like Ax and his followers are no damned SECRET! I try to help people see reality. I'm not doing a good job.
I don't know if I can completely agree with you guys. There is definitely a huge incentive for central banks and other private banking institutions to artificially suppress the gold price and make their sh*t paper look more attractive as well as distract the general public from the true state of our economy. With the little evidence we have, obviously nothing can be known for certain.
One could suspect that what we are experiencing now could have a little to do with the central bank keeping the gold price down below 1000 because they know it will go flying with the upcoming rate cuts. Whether or not it is true, I couldn't care less, I know where the general trend is going so my job is to play the market as it is, and not bit@h when it doesn't constantly move in my favor.
There are a lot of gold bulls out there who cry wolf way too often. It seems every morning if gold is down, the entire forum at GIM is complaining about this rather than finding another creative way to make money in this market. They mostly only know how to buy and hold miners so they are just acting out of frustration.
Either way this is a conversation for those complainers over at GIM. We are above that it seems. Let them be afraid of the boogyman, we will continue doing things different here, right guys?
Tomorrow is gonna be great, I'm excited. Talk to you all then.
3 comments:
Just been BUSY if ya know what I mean Joe ;)
Lots of folks seem to have that "headlights in the eyes of the deer in the middle of the road" look, if you know what I mean. Fear seems to reign and aint nuttin can be said to calm it. Oh Well...
Don't know what to say Joe. I only started posting after "lurking" for maybe six months. I registered on Kitco because of the B.S. I saw presented as fact. I'm honestly beginning to feel that J6P WANT'S to live in fantasy land. There are NO conspiracies that we know of! Conspiracies are a secret by definition. The market actions that folks like Ax and his followers are no damned SECRET! I try to help people see reality. I'm not doing a good job.
'cubed
I don't know if I can completely agree with you guys. There is definitely a huge incentive for central banks and other private banking institutions to artificially suppress the gold price and make their sh*t paper look more attractive as well as distract the general public from the true state of our economy. With the little evidence we have, obviously nothing can be known for certain.
One could suspect that what we are experiencing now could have a little to do with the central bank keeping the gold price down below 1000 because they know it will go flying with the upcoming rate cuts. Whether or not it is true, I couldn't care less, I know where the general trend is going so my job is to play the market as it is, and not bit@h when it doesn't constantly move in my favor.
There are a lot of gold bulls out there who cry wolf way too often. It seems every morning if gold is down, the entire forum at GIM is complaining about this rather than finding another creative way to make money in this market. They mostly only know how to buy and hold miners so they are just acting out of frustration.
Either way this is a conversation for those complainers over at GIM. We are above that it seems. Let them be afraid of the boogyman, we will continue doing things different here, right guys?
Tomorrow is gonna be great, I'm excited. Talk to you all then.
-Pete
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