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It seems like there is no staying power for any rally or drawdown. Any large up or down move intraday seems to have an equal and opposite directional move as well. That explains the falling VIX as well. Friday the NASDAQ goes down 1.2% and then almost comes back to unchanged.

I was listening to some experts (mainly Mark Fischer) on Nat Gas they said it could still fall to $1.50 but that it would eventually recover in 2024-2025 based on LNG demand in Europe, obviously.

Looks like you were off by a day. Today seems like the rally that should have happened yesterday. Probably a reaction to the Fed members saying we need higher rates to bring down inflation yesterday.

Seems like WPM is the best for trading. I prefer to buy all time high stocks anyway. NEM is too distracted trying to buy Newcrest. Today looks good for NEM but acquirers usually go down. I usually just buy calls on GDX.

This is one of the strangest threads on ET. Another "crash" thread I guess. Was this based on the Yuan devaluation in August 2015?

Most emerging countries are too worried about capital flight so they will never let their currencies float freely in a market. This includes China, Taiwan, South Korea, etc. Even the Japanese aren't interested in a free market of their currency since they're too busy manipulating the yield to...

The problem with this is he made his massive gains before 1987. He made his big hits from a percentage basis in the 1970s when he utilized his famous Greenmail techniques aka his shakedown of WASP managements that didn't want a Jew as a 10%+ holder.

Yeah the inner cities in the US are in deep trouble. Nobody works downtown anymore and there is crime & homelessness everywhere. I live in the SF bay area and SF & Oakland are in serious danger of both going bankrupt in a few years. A Square executive just got killed in one of the safer parts...

If Trump isn't in jail during he elections I bet he still gets 40% to vote for him. I think the die hards don't care about illegalities. Thats how much the MAGA crowd hates liberals.

In the US when SS was implemented the retirement age was set at ~15% above the median life expectancy (65 vs. 58) so it was sustainable in 1935 when it started but not today. I think the main short-term goal of SS was to reduce elderly poverty during the Great Depression. Pensions in general...

Probably the greatest album of all time. Although I prefer The Wall but its probably due to when I grew up.

I used to read a lot of the alt right blogs (mainly The Other McCain & VoxDay) along with the Red Pill blogosphere and anger was a big issue with them for sure. Its also interesting to note that neither McCain or VoxDay supported Trump until after he won the primary. The 2016 primary was mainly...

Up next is the Sovereign Debt Crisis followed by World War III. Japan, the PIIGS, western Europe then US is probably the order of the upcoming debt crisis. Axis == Russia, China, Iran, India, Allies == west Europe+US.

This tech rally doesn't make a lot of sense. Its hard to believe it is sustainable since the 2 year is still at 4%. But I see a lot permabulls on bubblevision calling for S&P 500 at 4600 by year end. I can only assume they believe QE is right around the corner.

Today's action on BTC vs. Gold seems to support the tech trade correlation which is my actual thesis. BTC is up 4X vs. QQQ this year and Gold is barely up at all. 72% vs. 16% vs 8% YTD. I think Gold really only goes up for certain when the market senses that the system is in trouble and...

I heard the CFTC chairman on CNBC today and he had transcripts of employees telling US customers to never get caught using an IP address from the US. CZ obviously doesn't pay his employees enough to shut up. Loose lips sink ships, as they say. Reminds me of the Milken mafia in the Beverly Hills...

Too many people plowed into OXY due to grandpa. Transocean is more volatile and its trading is very momentum driven. RIG goes up and down 5-10% on a whim. Up 20% since Friday's low vs. OXY 10% move.

If you don't like Snoop Dogg then you obviously don't like hip hop. Snoop Dogg, Nate Dogg, Dre and Tupac were the definition of west coast rap music. [Of course the pioneers were actually NWA with Dre, Ice Cube and the late Eazy E.] Probably the best Dre & Snoop song is from the movie Deep...

The problem with these halftime shows is they have good artistes but long after there prime. I mean Madonna in the early 1990s would have have been spectacular not 22 years later. Her late 1980s albums are some of the best dance music you'll hear. U2 in 2002 was very good but they peaked in...

Its got to be an upgrade from the infamous 1970s meal of liver & onions or bangers & mash. Is there a worse sausage than British bangers?