Recent content by britefire

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    Famous expectancy quotes or proverbs?

    Man's greatest enemy in speculation is “Hope”. W. D. Gann
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    What are these things ?

    Tks, Baron.
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    What are these things ?

    What are these things that I see on the EliteTrader entry page? I am running XP.
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    Gold Repatriation

    Per Eric Sprott: our national gold hoard, which is officially reported to be stable at 8,133 tons for the last 40 years. from 1991-2012 (taking into account mine supply, recycling, imports, etc.) the US exported 4,500 more tons of gold than they had taken in If this estimate is...
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    Gold Repatriation

    Central Banks may *never* repatriate their citizens gold reserves. What central bankers choose to ignore: --Germany " the Bundesbank asked to have some portion of its gold sitting - supposedly - in the NY Fed vault in NYC sent back Germany. The TOTAL amount is 1800 tonnes...
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    Pinkmans' technical analysis journal

    "A healthy strengthening bull market is accompanied by a large number of stocks making moderate upward advances in price. A weakening bull market is characterized by a small number of stocks making large advances in price, giving the false appearance that all is well." The stock...
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    Key reversal

    Maybe. "We now live in a nation where doctors destroy health, lawyers destroy justice, universities destroy knowledge, governments destroy freedom, the press destroys information, religion destroys morals and our banks destroy the economy" - Chris Hedges, "Days of Destruction, Days of...
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    Key reversal

    Devalueing the dollar, ie printing to pay the debt, will allow the US to pay off our debts in cheap dollars, and also give a competitive advantage to US global corporations against countries who dont print as fast as the US, also, reduce relativly, US workers wages so we can be...
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    Key reversal

    Marc Faber said something like: "You hold your dollars and I'll hold my gold and we will see whose asset goes to zero first" But, he didnt say when. I would say when foreign dumping of treasuries becomes the vogue.
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    Key reversal

    Out of control ? By printing money it is hoped to: –Replenish bank reserves –Hold interest rates low, to moderate interest payments on treasury loans, and to encourage home purchases –Raise the stock market. By keeping rates low and paying interest on bank reserves the banks...
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    Follow the Smart Money / COT Analysis

    Yeh, perhaps a hijacked COT index, but, specifically: for commercials, for an 18 month period, and I've seen it only applied to gold,
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    Follow the Smart Money / COT Analysis

    Small Specs - Largest Short Position ever ? http://britefire.files.wordpress.com/2013/05/cot-small-specs-net-position.jpg Large specs - Largest Short Position ever. http://britefire.files.wordpress.com/2013/05/cot-specs-short-position.jpg Commercials - Largest Long Position in last...
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    Do full-time forex traders exist or is it just make believe?

    Agree. GLD representing gold is currently: --Greater than 2 Std Deviations below it's 200 EMA --Greater than 20% below it's 200 SMA. http://britefire.wordpress.com/2013/04/24/438/ These are historical extremes and similar locations to the 2008 extreme bottoms. Gold appears due...
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