SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (62686)6/14/2022 7:38:15 PM
From: Sun Tzu1 Recommendation

Recommended By
ajtj99

  Respond to of 97962
 
I was reading the foreword to the Reminiscences book by PTJ. It turns out that he was highly influenced by Jesse Livermore. Anyways, he was asked if the kinds of fraud and manipulation that Livermore talks about still happen in the markets. He said, for the most parts no, because there are regulations to prevent people from doing that sort of thing. But at a larger scale, you see it done by the central banks and governments. So who knows, maybe they do have stoplosses <vbg>

My sense is that Russia and China are working hard to unseat the USD as a reserve currency. Some time between 2030 - 2035, commerce will change forever. So maybe they are preparing for that. Or maybe they are just trying to put pressure on the US to ease up on its capital war and trade war.

BTW, I heard today that BlueBay HF is planning to short the Japanese bonds until BoJ breaks !:-O It's been a long while since I've looked at BoJ operations, but if they are in that dire of a situation, they will sell every UST they have before capitulating.

Interesting times!