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that's plausible, considering gold went up nearly 100 points overnight during brexit

imo gold and bonds could be a massive buying opportunity heading into fed minutes next week if they don't hike, there will be massive short covering but if they hike it could still shoot up after a sell off because this is what's expected

the book of life

classic example of blind leading the blind

the ideas of capitalism, equality, etc are all flawed because they are man's creations and man is flawed no sense in arguing about flawed ideas

http://www.wsj.com/articles/opec-production-deal-keeps-global-oil-prices-buoyant-1480560119

production cuts you should pay attention to this stuff if you're going to trade oil

big mistakes 1) trying to short opec deal 2) continue adding to a losing trade

i've been reading comments from people that blindly invest in index funds, don't believe in timing, they just buy anywhere and expect a 7% return longer term because it's been the average in the last couple dozen years i can't fathom this ignorance

best to stay away from trading oil this whole week

That's troubling to hear. IB is an inconsistent broker. Their margin requirements change almost everyday; it's mind boggling.

did marketsurfer make a new account

wrong! there is a monumental difference

oil is right at macro resistance

If the election is any indicator, no we can't do any better.

fear of loss is what keeps me humble; it's when i don't have the fear of loss that i lose the most

:D

you can only really expect this kind of stupidity from a bernie sanders fan

facts: if rates keep climbing, gold will keep falling

I don't care if you are a math genius or if you have dozens of quants with phds working for you. This is a great cover so investors think he's some prophet genius. I wouldn't be surprised if this is madoff 2.0