AND NOT THE ONLY ONE
If you can stand the dress of cognitive dissonance, then you can feel as I did, wanting to laugh and cry at the same time as I read this:
https://lyz.substack.com/p/dingus-of-the-week-gerontocracy
Now I am not sure this is any easier to grasp so here goes:
https://www.youtube.com/watch?v=OPjNozBFXPU
Later this week I will be assembling the necessary format for a BETA TEST of Technical Timing, VS Buy and Hold.
Ciao enjoy your holiday…..
HERE IS THE ARTICLE BY EMIL COSMAN I REFERENCED
HERE is the link https: //www.youtube.com/watch?v=KVCPqRTvihQ
enjoy
FUN & GAMES FROM THE ATLANTIC AND THE PACIFIC
First of all I use theses tunes intensify, and extend my physiotherapy running and biking. Enjoy
https://www.youtube.com/watch?v=WqBMlJiJraE&list=PLilZ_-q9p7aK1HWrWnDqgL7_RmgenBR8b
Next to Run & Gun, take a gander and spend about 3 min ck’g out Indonesia adding a GOLD Transaction currency, in btwn 30:00 and 33:00, not long and drawn out.
You can ask yourself why the WESTERN Press and Financial Media has ignored this? I wouldn’t bother as to me its a fools errand
same group
good music
at the BRIC Yard?
In Accounting 101 we learn of Double Declining Balance, where the depreciation is doubled each increment until it reaches ZERO. In concerns about draining an Entities Gold Balance, the Opposite Analog of DDB is used, so it is DOUBLE INCREASING BALANCE using an increment, perhaps 5 or 10 Oz.
The point here is both Mises and Armstrong outline what I consider an unarguable case for COIN exchange or convertible Gold Standard so that the GOLD
of any entity cannot be drained with fiat currency. Further restricting fiat would be prohibiting PREVIOUSLY issued FIAT from being used in this manner.
NO one knows how much US $ are out there, Euro-Dollar style, unregulated and unaccounted, so the DOUBLE INCREASING BALANCE would absorb them faster than you can say “Jumpin’ Jack Flash” while moving the METAL GOLD PRICE to its TRUE EXCHANGE PRICE, so long suppressed. For example lets
use a realistic 5 OZ increment. The most any body like Exchange Stabilization Fund (ESF) steadily buying 9 OZ increments, continually providing demand ?
Since it could NOT prove the funds used to purchase were pre-issued, its supply of Dollars it would become a liability on the FED’s balance sheet. Now lets
try the $Dollar Wave attack, 100 OZ at a time. First purchase is 5 oz at $2130 last coin price. 2nd purchase 100 oz(max) @ $4260; Insufficient pain? OK lets have a 3rd Purchase 50 OZ (Double Declining Balance, so /2) @ $ 8520. So each increment doubles the price and halves the quantity. Ask yourself how many doublings before it surpasses the $ 33,000 amount figured on the “Back of the Envelope”? So after the Raiders exercise in futility, if the price achieved reverts to a 2/3 correction, the market price now is $ 2850 Dollars, which is now the base from which market exchanges take place, and where any RAID must start. Now that BRICs are organizing, there is as much pain as BULLION BANKS or other Entities care to bear as a result of Cheating or Raiding. The next DAB balance is $17,040, and next after that is $34,080, so before we reach $68,080, one wonders where the MAX PAIN level is reached.
At least Gold BUGS, Gold Holding Indebted Countries are no longer crying in their Beer or Ale. In My Opinion, Gold Demand will appreciate, as any dips or downdrafts, will be met with the veracity of predator fish under a school of baitfish.. It Ain’t that complicated, really don’t even need an algo….!!!
Since we don’t, can’t know how much Euro-type Dollars are out there will be disqualified from this manner of exchange, whereas ONLY new entries to the liability side of the Central Banks, balance sheet. can be used to obtain Gold Metal. Good for honest holders, bad for fiat printers. These are only a few of the elementary means of putting a “Cheater Excluder” in place, much like Beaver Excluders are used to preserve roadway culverts. Not that hard, even engineers can do it. I say to the Cheaters ” TURNABOUT IS FAIRPLAY”, so read the cards in BRIC’s hand and weep.
Ha Ha, waiting since 2012 kinda gives me enough fuel to write this. Best to all GOLD BUGZ ! ! !
Want a copy of DGS Letter while it is still free, just drop me a line…………… Adio’s best to all.
DG
COMMUNICATION & INFORMATION
FYI
I have created a MINERS & METALS discussion board in IH, in the FREE Zone under OTHERS.
and here is the link https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172431858
Moderated, about Miners and Metals for your info and discussions. Its authored by me, who in IH is Trader Black 1.
Its up, its down, oh have some more volatility, oh please do !
Lets see The Strongest of the BIGGEST have held their position with the Least correction down to their 50 DMA
The New News? the same old same old XYZ threatens ABC. Maybe stealing territory if one party can.
What is to me, is the US Mint basically is reducing or eliminating its production of ASE’s. It was suggested that they could not be used efficiently for legal tender if the Govt ( Mint ) withdraws them from circulation. Just another wild hunch but it seems all the Black Swans are flying and most of the Conspiracy theories have become MATTERS of FACT.
We know from the top chart that the Breadth Momentum started up in the beginning of June, to the extent it rose thru its 50 DMA and its KARMA went to the upside of the 50. So while its correcting here ,it could go down to the 50DMA. For me it seems a set up with reasonably good change at a bull run in August..
The GMX chart underneath it is pure price and waggle around a bit before it shows anything decisive, but so far a reasonable partner for the breadth ( no. of stocks going up, net). For me that means I can either stay or go, without much concern.
As of Friday, my scans produced CSO.V and SGD.V. There is enuf info for me, so they are not on any of my blacklists.
FYI, BETA RECAP publishes at the end of each BETA week.
One day at a time:
Monday. Lotsa fun, lotsa surprises. Gold up. Hungry, Turkey………….
Best week in a long time. Was on Holiday camping for two days.
Breadth exploded yesterday
A little wild, the K-2 went from a low of + 1 to + 19 in the week, probably in 3 market sessions. Indicates to me some move of IMPOSSIBLE TO SURPRESS.
In addition the price of the Metal had a move from a standing start much like the Breadth.
Neither OR nor HGU.To made a commensurate move GDX and XDG.To gapped up nicely on Wed. Just looking at the scans, I’d say during this move, the Matures/Majors moved better. Time will tell if this holds true.
DG
BETA recap + Friday conjecture .
As if to say DEATH BY MURDER, the point being obvious; the theme here seems obvious that we are getting killed by NOTHING. So its more NO INTEREST by BOREDOM.. Clearly we are in the 4 month spaced bottom.
BETA REVIEW – well so far despite the slam OR suffered, it is % wise ahead of the Levered HGU. That turns around when prices go in the other direction as well. So far one month into this BETA, What I have seen is that the bigger stocks are holding their ground better on the downside, and of course slower on the upside, for now. So like any research project, this BETA is not a bit interesting but necessary to figure out which category of stocks in RECCO, either Mature or Developmental do best. So far, the answer seems Mature. That said with only one of three months elapsed for this study this is the result so far .the Major Stocks have the relative lead over the Developmentals.
Whomever or however these fake prices for the GOLD METAL are formulated, they are doing a great job of boring us into unconsciousness.
Maybe we are being bored to almost to death because the original BRICs in a Press Release dtd Jul 7, that they will announce a currency that is potentially Gold Back, during their summit in RSA around the end of August. D-dollarization will proceed at its own pace, but as the Federally Insured too- bkg =to =fail banks, find they have to deal with GOLD as a Tier 1 Asset, there will be scary volatility and in addition, some Black Swan events no one has anticipated. The Three Trillion FX (foriegn exchange) is still 86% dollars. Not that it wont change but it is more likely to change in incremental fashion, and so D-dollarization will proceed, likely in that fashion..
As always it means stay alert, keep some dry power, and figure out YOU savvy, and worry not.
DG
Denaliguide Summit 