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Well, duh. Everything is relative, to purchasing power, that is. If gold stays at the same price in nominal terms, but that nominal price has more purchasing power, well, that's what it's all about.

Yes, they're dumber 'n dirt. If they weren't, the SEC would also have been better at their job.

I think gold should fit into the international monetary system again, and I don't fit any of those stereotypes. Well, OK, most of them. For a sane view on gold, read Mundell on it (Nobel laureate, known as "Father of the Euro"). His analysis is spot on, IMO. Also IMO, I'm not sure why he favors...

Hilarious.

My house was just reassessed for 20% less than it was the last time a few years ago. Mortgage rates are at multi-decade lows, and of course Treasury rates are so low that everyone & his brother swears there's a bubble there. So, if you're going to buy a house, assuming you can get the credit...

As a clarification, my "Noted" was posted to Ivanovich, as I see that port got one in in between.

Noted.

I have no aliases. And if what you say is true, your maturity belies your age. Become a Moderator. Really.

Long GDX (etf of the gold miners, who between their cost of operations - falling energy prices - and the price of their principal product rising are looking at absolutely minting money over the foreseeable future). Pull up a chart, it looks beautiful. Monday was promising to be sweet anyway...

landis82: The point is to think. Given that every other thread I open (hyperbole for effect; I explain as this appears to be beyond your intellectual level, as is parody, irony, and satire to most of the posters here, so I will just have to assume that includes you) has a complaint from you, it...

I just discovered this. It's extraordinarily refreshing. Question (the first of many, believe me): can I take it that you are net bullish on the SP, given what you display here, for Monday? (I ask because it's 0 on the either-or, negative on the infrequent, but positive on the calendar biases)

Hmmm....

Read my mind. See attached. I'm thinking we're around where that circle is. There was a retest within that circle, so maybe the OP is right, although whether it starts precisely on Monday? But overall, the direction from here should be up until we get to the top of the range. After that, it...

See attached. We've already retested, successfully, IMO, the multi-year lows, and established a trading range. Notice that the RSI for the test is higher - notice the slight uptrend to the red line between the two circles in the RSI display. This makes it far more likely, IMO, that we are now in...

Commodity prices are a leading indicator. As they have collapsed, you can be sure inflation is not a worry. I believe the last time they fell this hard was in the Great Depression. Gold is the exception: it will at minimum stay where it is, and more than likely rise vs the currencies as the...

He's entertainment, nothing more. I don't normally care much about spelling & grammar on a person's posts, but when it comes to Jack, I care. Why? Think about how carefully you have to study the market to be able to devise a system that can, operating as designed, extract 3X ATR from a...

100,000 I believe. Maybe 10,000. One of those.

Yep. Economies that are innovating rapidly and throwing up new industries for people to work in have high population growth because, not surprisingly, people flock to where there is work. They also need, in order to function at anything like their full potential, a rapidly growing money...

As far as I can tell, everyone on this thread makes the oddball assumption that the supply of money is the sole determinant in how high inflation is going to go. In the early US there was no control over the supply of money, and until the Civil War any state bank that wanted to issue bank notes...

If I may: I've seen RFT on the Rennick thread, and now here. If you want to explain yourself, RFT, open one up on your own. Crashing someone else's thread is extremely rude.