Beiträge von DrK

    Wolf Richter am 5.1.22 :



    Cryptos, the new inflation hedge, failed to hedge against anything.


    At first, years ago, cryptos were supposed to be this new currency that would leave the hated “fiat” currencies in the dust. And then, when that didn’t pan out, they were supposed to be assets whose prices would endlessly boom. And when that didn’t work out in 2021, they were supposed to be a hedge against inflation.
    Well, OK, it started out with Bitcoin, and now there are nearly 9,000 of these cryptos, and it turns out they’re just gambling tokens. For example, the largest hedge against inflation, Bitcoin, has plunged by 36% in the two months since November 7, to hedge again 7% inflation over a 12-month period or whatever. So that didn’t work out either. Well, OK, the jury is still out, I can already hear it, it’s going to a gazillion by March.
    But if the Fed – at the core of the hated fiat dollar – is tightening, and if cryptos are supposed to be the force that is independent and outside of the hated fiat, why did cryptos plunge today when QT is showing up on the near horizon? People running for the exists suddenly? Another crypto narrative gone down the drain. In the end, they’re just gambling tokens with which people are trying to get rich quick. And it works for those that can get out in time.


    Falls OT bitte löschen/verschieben.


    Grüße

    Meine bescheidene Meinung :
    Wir sind auf dem Weg zu einem (neuen) ATH. Es dauert halt etwas länger als gedacht.
    Danach folgt sicherlich eine erhebliche Korrektur.
    Das Establishment wird nicht tatenlos zuschauen.
    Der Ethikrat wird für ein Goldverbot plädieren ...


    Grüße

    Hier ein Chart aus meinem Fundus zum 8-Jahres-Zyklus beim Gold.
    Leider kann ich den Verfasser nicht mehr zuordnen.


    Vielleicht interessiert er, anderenfalls löschen.


    Grüße


    PS Jedenfalls hatte 1999/2000 ein gewisser Herr Bogen das 8-Jahrestief seinerzeit nahezu punktgenau prognostiziert.
    Aber, das ist alles Geschichte ...




    CaptainEwave am 15.12.21 :


    "Short Term Update:


    Gold was lower in yesterday’s day session reaching a low of 1766.10. In the overnight session we have moved sideways currently trading at the 1771.70 level.

    We continue our long correction in our wave -iv- bullish triangle as shown on our Daily Gold Chart. Within wave -iv- we completed all of wave .c. at the 1675.90 low and we are now rallying in wave .d.


    Wave .d. cannot rally above the wave .b. high of 1919.20 for this current triangle pattern to remain valid. Remember that legs of triangle formations are full of overlapping waves, so the internal wave structure is sometimes difficult to analysis in real time.


    Wave .d. ended at 1879.50.


    We are now falling in wave .e., and within wave .e. it looks we are falling in an incomplete wave ^a^ of .e..
    We need one more drop below the 1762.40 low to complete the minimum requirements for all of wave ^a^.
    After wave ^a^ ends we expect a wave ^b^ rally that will be followed by another drop in wave ^c^ to complete all of wave .e. and our bullish wave -iv- triangle.


    After wave .e. and -iv- end we can expect a huge thrust higher in wave -v-, which will take gold to all time new highs.


    Bulls should still be using this setback to add or go long gold.


    Another plausible possibility is still that all of wave .d. ended at 1836.90 and all of wave .e. at 1721.10. This would mean that all of wave -iv- is complete and that the next rally in gold will be a substantial thrust higher in wave -v.


    This would create a very non-symmetric triangle, although triangles do not have to look pretty. This will be our alternate count for now.


    Trading Recommendation: Long gold. Use puts as stops.

    Active Positions: We are long, with puts as stops!"



    Finis CaptainEwave
    Aufgrund des heutigen Updates habe ich mich entschlossen, Jamie Dimon ins Exil zu folgen.
    Von meiner Seite aus wird es weitere Updates vom Captain nicht geben.

    Ich wünsche allen eine gute Zeit.

    Grüße

    US Thanksgiving Holiday Schedule
    Nov 25, 2021
    Here is the Thanksgiving holiday schedule for US and Canadian markets.
    Thursday 25th November
    US markets will be closed.
    Canadian markets open as usual.
    Friday 26th November
    US markets will be open in the morning but closing early for the day... at 1pm ET
    Canadian markets open as usual.
    We wish you and yours a Happy Thanksgiving.


    Irgendwo heute gelesen und viel treffender :
    Inklusion in Schland geglückt.
    Claudia und Robert werden Minister.


    Grüße

    Thanksgiving-Weekend in USA, deshalb vom Captain nur ganz kurz :


    "Why would we say that gold dropping $50 is a bullish development?


    Well, with wave .d. not ending much sooner than we had thought we are now falling in wave .e., which is the final leg is this long drawn out wave -iv- correction.


    After wave .e. and -iv- end we can expect a huge thrust higher in wave -v-, which will take gold to all time new highs.


    A likely place for wave .e. to end would be on our purple uptrend line that is shown on our Daily Gold Chart.
    Wave .e. has already satisfied its minimum condition so we need to be on guard for the completion of this wave -iv- bullish triangle at any time now. Bulls should be using the setback to add or go long gold."


    Im Augenblick sieht es gut aus !


    Grüße


    PS Inklusion in Schland geglückt : Claudia wird Ministerin !



    Short Term Update:


    Gold was sharply lower in yesterday’s day session and that trend lower has continued in the overnight session as we have reached a low of 1788.40!


    We continue our long correction in our wave -iv- bullish triangle as shown on our Daily Gold Chart.


    Within wave -iv- we completed all of wave .c. at the 1675.90 low and we are now rallying in wave .d.
    Wave .d. cannot rally above the wave .b. high of 1919.20 for this current triangle pattern to remain valid.
    Remember that legs of triangle formations are full of overlapping waves, so the internal wave structure is sometimes difficult to analysis in real time.


    In a surprising but very bullish development it now looks like all of wave .d. is complete at the 1879.50 high. You may recall that last week we had suggested that a possible projection for the end of wave .d was:


    ^c^ = ^a^ = 1882.10.


    It appears that wave .d. ended at 1879.50


    Why would we say that gold dropping $50 is a bullish development?


    The reason is that with wave .d. not ending much sooner than we had thought we are now falling in wave .e., which is the final leg is this long drawn out wave -iv- correction.


    After wave .e. and -iv- end we can expect a huge thrust higher in wave -v-, which will take gold to all time new highs.


    Wave .e. has already satisfied its minimum condition so we need to be on guard for the completion of this wave -iv- bullish triangle at any time now. Bulls should be using the setback to add or go long gold.


    Another plausible possibility is that all of wave .d. ended at 1836.90 and all of wave .e. at 1721.10. This would mean that all of wave -iv- is complete and that the next rally in gold will be a substantial thrust higher in wave -v-. This would create a very non-symmetric triangle, although triangles do not have to look pretty. This will be our alternate count for now.


    Trading Recommendation: Long gold. Use puts as stops.

    Active Positions: We are long, with puts as stops!


    Grüße



    PS Ich bin nicht abgeneigt, demnächst Jamie Dinamo zu folgen.
    Die Entscheidung hierzu steht Kurzfristig an.



    Erinnere mich an Crystallex und Hugo Chavez.
    KRY.TO war seinerzeit einer meiner ersten 10-Bagger bis Chavez kam.
    Habe damals sofort liquidiert.
    Kurze Zeit später kam Crystallex ins Schleudern.


    Peru ist rot bis auf die Knochen ...


    Grüße

    Hallo @Jamie Dinamo :


    Mit dem heutigen Tag betrachte ich unsere Wette als abgeschlossen an.
    Das Gold hat heute knapp 1830 erreicht und lag damit kurzzeitig über der rot gestrichelten Dreieckslinie vom 13.08.21.


    Meinung / Gegenmeinung ?


    Grüße