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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Jacob Snyder who wrote (66474)7/27/2022 2:07:23 PM
From: ajtj99  Respond to of 97462
 
They can also use some of their spare capacity to capture more of the generic market as well.



To: Jacob Snyder who wrote (66474)8/1/2022 10:23:42 AM
From: Jacob Snyder3 Recommendations

Recommended By
ajtj99
Robert O
towerdog

  Read Replies (1) | Respond to of 97462
 
Bot GOLD @ $15.75, an opening position. This is a play on gold (the metal) bouncing at $1675. If the Fed thinks interest rates are now neutral, that means inflation will likely stay elevated, even if we are now in a recession. So real interest rates (= inflation rate minus 10y treasury yield) will stay negative, which is bullish for gold (and commodities, and hard assets in general).

Buy more on further declines. Sell half when gold reaches $2000.