The stock market

[dsedy]

Long SQQQ and TZA (short bets)

 

[movetheboat]

Good GDP number and declining INFLATION numbers today

futures UP

 

[dsedy]

What a ripper this week! Risk on. See what happens next week.

Got some more shiny objects in the mail. ?

 

[movetheboat]

What a ripper this week! Risk on. See what happens next week.

Got some more shiny objects in the mail. ?

View attachment 58689

Pullback and then fed rally....

I remember buying them (gold) at 300^^...sold em

the silver is how much per in that form? I find the premium and then they want to give you below SPOT when you sell make it difficult unless a hard metal rally

 

[dsedy]

Pullback and then fed rally....

I remember buying them (gold) at 300^^...sold em

the silver is how much per in that form? I find the premium and then they want to give you below SPOT when you sell make it difficult unless a hard metal rally

So true.
Yeah I have gold from 2001 around 350 an oz. Just keep on buying I do.

Silver is insane. price is 30% over spot at 21 (thanks JP Morgan for the manipulation shorting paper SLV)

 

[dsedy]

Zepplin: Hangman

Hangman, hangman, hold it a little while
I think I see my friends coming, riding many a mile
Friends, you get some silver?
Did you get a little gold?
What did you bring me, my dear friends
To keep me from the gallows pole?
What did you bring me to keep me from the gallows pole?
I couldn't get no silver, I couldn't get no gold
You know that we're too damn poor to keep you from the gallows pole

 

[movetheboat]

How much weight should we put on the fact that the S&P 500 index powered above its 200-day moving average this week? If history is any indication, then this is actually a fairly momentous occasion. Unless it's a repeat of March 2022, in which case we're obviously poised for a push to new lows any minute now.

stockcharts.com

 

[longcast]

January Barometer:​

No indicator is 100% correct, especially during such a wild ride with Covid lockdowns, money printing, aggressive Fed actions and supply chain dynamics going on. However, one indicator that has a very successful track record implies that as January goes, so goes the year. When we have a strong January, this indicator is even more accurate. The average return for the final 11 months following a 5% January is +14%. Even better, it has shown positive gains 86% of the time. As you can see, a negative January, like the one we had last year, has a much worse track record. We would not take this as gospel, but recognize there are a lot of reasons for this to hold true (bad news priced in last year). As of yesterday’s close, the S&P is up 5.8% year to date.

 

[wader]

January Barometer:​

No indicator is 100% correct, especially during such a wild ride with Covid lockdowns, money printing, aggressive Fed actions and supply chain dynamics going on. However, one indicator that has a very successful track record implies that as January goes, so goes the year. When we have a strong January, this indicator is even more accurate. The average return for the final 11 months following a 5% January is +14%. Even better, it has shown positive gains 86% of the time. As you can see, a negative January, like the one we had last year, has a much worse track record. We would not take this as gospel, but recognize there are a lot of reasons for this to hold true (bad news priced in last year). As of yesterday’s close, the S&P is up 5.8% year to date.

one can hope

 

[Snapprhead27]

What a ripper this week! Risk on. See what happens next week.

Got some more shiny objects in the mail. ?

View attachment 58689

Do you find one company charges more over market then others? I've always wanted to do this, but wasn't sure where to begin.

 

[BennyV]

Do you find one company charges more over market then others? I've always wanted to do this, but wasn't sure where to begin.

Ampex is pretty competitive. Try this out below. It’s a good tool to find the best deal.

Compare Best Prices on Silver and Gold | Silver Spot Price deals

Find the cheapest prices from major dealers before you buy silver bars and rounds, gold coins, bars. Find the best prices on gold and silver. Silver at Spot Price Deals.

findbullionprices.com

 

[movetheboat]

Here’s the facts silver and gold have increased 400% over 20 years …… unfortunately so has , food,gas, housing,utilities etc … so I guess it’s an ”ok” hedge against inflation and certainly better than money sitting in the bank…… here is another interesting fact , copper has increased 700% and Lead over 1800% in 20 years , so I guess it’s better to hoard pennies and fish sinkers

 

[dsedy]

Here’s the facts silver and gold have increased 400% over 20 years …… unfortunately so has , food,gas, housing,utilities etc … so I guess it’s an ”ok” hedge against inflation and certainly better than money sitting in the bank…… here is another interesting fact , copper has increased 700% and Lead over 1800% in 20 years , so I guess it’s better to hoard pennies and fish sinkers

and 100% Tax Free! A person can walk into any gold/jewerly buyer and covert the asset into any FIAT immediately. No trace n0 track, no disclosure 100% tax free. It can be passed along to heirs privately with no estate tax. Gold is the only money. FIAT is debt ripe for confiscation and corruption.

 

[movetheboat]

and 100% Tax Free! A person can walk into any gold/jewerly buyer and covert the asset into any FIAT immediately. No trace n0 track, no disclosure 100% tax free. It can be passed along to heirs privately with no estate tax. Gold is the only money. FIAT is debt ripe for confiscation and corruption.

THAT'S TRUE i NEVER paid any gain on metals....silver because of its huge industrial use looks better to me. Hell...remember when it soard to 50 bucks in the 80s when the Hunt bros? cornered the market. A lot of people got burned leading to a 20 or so year bear market in metals

but it's so damn pretty to look at lol

 

[BennyV]

I kind of like Warren Buffetts take on gold, but like any wealth storing asset if it makes you sleep well at night go for it.

Cash, cash like equivalents - HYSA/treasuries/etc, precious metals, diamonds, bonds, bitcoin, etc…

Hold as much as it takes for you to keep your head on that pillow.

 

[movetheboat]

FED DAY!!!! Strap in boys and girls

25% rate increase and a watch and see attitude would be nice!!

 

[movetheboat]

Pullback and then fed rally....

yup

 

[wader]

earnings report tomorrow for Estee.....................

?

 

[movetheboat]

earnings report tomorrow for Estee.....................

?

GOOD LUCK

 

[movetheboat]

sold some stuff after hours...pullback likely...good day!!! WHATTA country!!