ES Journal - 2014

Now we know why they have been one of the largest net buyers of gold like china. US dollar should have never gone off gold standard.

Imagine if most of the world shifted to gold for trade. It's a trend that could devastate fiat currencies.
 
Imagine if moserrt of the world shifted to gold for trade. It's a trend that could devastate fiat currencies.

Honestly I don't think it will happen overnight. But if we go into downturn which is inevitable and feds think printing another $4 tril will fix it again, they will be in for huge surprise. They know that now and the reason QE is done by august regardless of econ data. Rates will be the next thing that moves. It's the right thing to do.
 
Well I personally took one for the team and bought 77...don't think we will see that again this week...you can thank me Friday.


................................you are welcome.....................

at least I didn't buy the high tick:eek:

flattened a bit this morning by going short the June so will try and manage to make some ticks next week on the respective exits...GL to all and have a nice weekend
 
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