My interests in the stock market is not a priority right now, although I am always open to suggestions comments or requests on any stock or market conditions, they be TA, Fundamentals, ... or otherwise.
I learned that I am more interested in National - Geo-political events, I think that I always have been.
"Current Events" as this board is titled, ... is much more important to me than Money or Gold, current events is shaping our world, which includes our monetary systems but more importantly, ... our safety as a nation and I think we need to stay on top of it.
I will spend some time here weighing my options whether or not to continue posting on SI-boards as "all" topics are welcome here.
The markets will eventually correct themselves and the miners and PMs will once again move higher, I will keep one eye open on its developments, I dont worry about them, and I also like reading articles from prominent investors, analysts and columnists of all types that reach into every aspect of our lives, but would rather focus more on America and the World.
Here is one from one of my favorites, .. its from Jim Sinclair, ...
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Popular Delusions And Madness Of The Crowd
Posted July 14th, 2014
by Jim Sinclair
My Dear Extended Family,
Manipulation such as the sale of $1.3 billion dollars worth of paper gold at an illiquid time period today is not to protect the dollar or bull the general equity market. It is to make money for the manipulators that want here to cover their shorts and initiate to expand their long positions. That sale was a pure construct as there was no news to sustain the sell or to initiate it in the time span of its occurrence.
Long term cycles in gold are in the process of turning long term positive. That is fact. There is a strong possibility that this is the last take down before gold trades at a new highs. I feel this is the situation.
The economic dislocation internationally in banking exposure to its risk profile is at levels greater than 2007-2008, and is the subject basis of the letter attached here from the "Sovereign Man" as an example of what success can be expected from the certain program of Bail-In for the entire Western financial system.
Clearly we are witnessing the popular delusions and madness of the crowd in general markets and today in the reverse in the gold price. This will make new highs after the failure of this clearly false price construct of this morning’s illiquid time period.
Sincerely,
Jim |
