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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 398.95+0.1%Dec 30 4:00 PM EST

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To: John Vosilla who wrote (154128)3/10/2020 4:48:05 AM
From: TobagoJack  Read Replies (1) of 218847
 
it is noteworthy, neither wrong nor right, just noteworthy that seems the majority are treating the debacle as a buying opportunity, of everything

they should be correct for today's session, or tomorrow's

unsure about Friday

people do not like weekends any more

suspect much not yet priced-in, because as in pre-quakes, cracks develop, not initially evident, and then ...

what we are not sure about, and I for one am not, must pace ourselves

morning chocolate is helpful to pondering process



here is a gold-making company situated near me finance.yahoo.com , which does no exploration and no mining, just making gold bars out of the waste tailings discarded by others over the eons, in places where the fine grinding had already been done at utility rates of long ago, paying a more than generous dividend not shabby compared to oil companies, even as it benefits from cheap energy and moderately priced gold - essentially a processing venture heavily leveraged to the pricing of gold

it is 50.01% owned by a larger company in the business of PGM mining and so in strong hands

its labour rate heading down due to currency reasons driven by politics and Econo-monetary policy

Note the very wide bid / ask of 6.40 / 7.30, telling us that the transacting sellers are forced sellers, and the holders are strong

The picture seems good, and so good it seems a trap

Pacing mitigates risk

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