The Club!

NO.. I'm going for holydays tomorrow for one week, and I have got the rule not trading the day before I am going for Holydays. They have gone to the limit ( I think ) about the Brexit area. On the other hand we have some rumours about England is not going to ask for article 50 to leave EU during the whole year...

good one.
I need to take it for me.

Best
D.P.

Hacked Emails Confirm NATO Push To Provoke, Escalate Conflict With Russia




And some strange minds accused me of campaigning for Russia.........

EU pinpointed the 50% retracement today (of the Brexit decline)

Kyle Bass Shares The "Stunning" Thing A Central Banker Once Told Him

snipset


Grant: this idea of helicopter money, and the idea of banning cash, and all these things that, when you sit here in the cold like that, you can see exactly why they need to do these things. You watch the narrative unfold in the media, and then the trial balloons get floated. But you're right, they have to go to helicopter money, they're really not going to have a choice. And it seems to me that they are going to have to try to ban cash. Because, as you say, the U.S. savings rate has tripled since 2007, and that's literally the last thing they want or need. So is there any way out for these guys? Because that's the thesis that I keep checking. I can't see a way out, absent cold fusion.

Kyle: Look, I had a fascinating out of body experience meeting with one of the world's top central bankers in a private meeting about three years ago. And he said, "You know Kyle, quantitative easing only works when you're the only country doing it." He would never say that publicly. And I'll protect his name, because it was a private meeting. But it was one of those moments where I...it was one of those epiphanies almost, where it's something you and I knew, but hearing him say it, call it one of the four top central bankers in the world, it was a jarring experience for me, because when I look around the world today, everyone's in the same boat. So we're all trying...we're attempting through our treasury and our Fed to get the rest of the world to not devalue against us, while we quietly attempt to devalue ourselves against them, and it's all this...it is the race to the bottom, it is the beggar thy neighbor policies that we all talk about. And I believe that there is no way out

'Death of winter': Jet streams cross equator, 'chaos' predicted




Bad for skiing and ice-climbing, me thinks.....

Very important chart from Daneric

https://danericselliottwaves.blogspo...+Elliott+Waves)

Price To Sales Ratio – Another Nail In The Market's Coffin?

Ouch...

Yeah, we do know it. Do not worry.

D.P.

OK let us take a look at Gold again:

the count wich was so long so right for me flew in my face, when I waited for another small leg down (wave C of wave 5 of an ending diagonal).

This drop did not happen.....


Then I waited to see, if we were only in a wave 4 up of this ending diagonal. Again I was wrong, because wave 4 ran above the end of wave 2 and thus all my options were invalidated.

As I wrote at the time being, at the bottom we only had 3% bulls left in the game.

I should have not been greedy (waiting for even lower prices) but should have load the boat with the shining yellow.


So now we have to postulate, that the wave 5 was done, and we have entered a corrective bull market for the next months to years.

Pity was, that the price at the bottom hit one of my favoured areas (see the rectangle at the bottom of the price).

For now I think, that price is building a relatively sharp ABC, where we are now in wave C of it.

Wave C may terminate in the 1400 vicinity, extended 1600, roughly. See chart for fib-extensions.

What do you guys/ gals think?

52% Gold bulls - can go either way......

Doldrums please......


Senator Admits The FBI Is "About To Ask Putin For His Copies Of Hillary's Emails"

oil looks like finished wave 4 going for 5

What a beautiful ... a beautiful story!

D.P.

this is ouch.....

https://www.rt.com/news/349411-magic...ail-polish-tv/

Silver ripe for a drop?

96% bulls

Juno mission

https://www.nasa.gov/mission_pages/juno/main/index.html

Torture, summary killings: Amnesty slams Syrian armed groups for ‘chilling’ abuses



But, but, but......., wait......

were this tortures not meant to be MODERATE terrorists?