Gold +6%, Stocks -15% - Did you get your hedge on yet?

[Crazyhole]

I think we will see a pullback in SPX to 4100-4200 before all time highs later in the year. There is too much savings on the sidelines. But I’m thinking 50k could be hit in the next 15 years which is my investment timeframe. I think Crypto prices will likely double by end of the year as well.

50k is probably a conservative estimate if you're talking 15 years out, but what does the flip side of that coin look like? And that savings on the sidelines is probably largely among the boomers, so when they age out does the inheritance they leave go to paying off debt for the subsequent generations? Consumer debt is going way up so it may end up being a net-zero proposition.

 

[Boston.Knight]

Hey really great call here guys. Resurrected 10 year old threads just in time for blast off.

The Fed is trapped and the excess money has to go somewhere. Now the Fed WANTS gold to soak up the excess 🤣 💰 🤦‍♀️

 

[Ucfmikes]

Hey really great call here guys. Resurrected 10 year old threads just in time for blast off.

The Fed is trapped and the excess money has to go somewhere. Now the Fed WANTS gold to soak up the excess 🤣 💰 🤦‍♀️

Hopefully Joe Brandon doesn't destroy the economy. I won't be good if your gold prediction comes true. With this regime we just don't know.

 

[Boston.Knight]

Hopefully Joe Brandon doesn't destroy the economy. I won't be good if your gold prediction comes true. With this regime we just don't know.

Housing and food inflation are up 20%. They need to soak up speculative froth any way they can and get other asset bubbles down or people will be rioting in the streets. Many traders are playing a short nasdaq vs long gold pair trade, and that's working currently.

 

[Boston.Knight]

Silver is worth a look right now. Stonks are running out of steam.

The 10 year cup and handle for gold . We actually just filled a very nice 2 day cup and handle for a $20 move higher. If this pattern holds, gold will shoot up to new highs in the not so distant future.

Cup and Handle Pattern: How to Trade and Target with an Example

A cup and handle is a bullish technical price pattern that appears in the shape of a handled cup on a price chart. Learn how it works with an example, how to identify a target.

www.investopedia.com

 

[Ucfmikes]

12) Woke coin

 

[Ucfmikes]

 

[Ucfmikes]

Mickey living on the board on Presidents day. Did you get outside? Get a break from meme posting 24/7. You sound pathetic lately.

I work for a living. I certainly wouldn’t be on here if I was off on Presidents’ Day. If you were than you're absolutely a pathetic loser, but we all know that you are

 

[Ucfmikes]

🦜 smarter than @KNIGHTTIME^

 

[Boston.Knight]

Hey just wanted to thank you guys again for resurrection of a 10 year old thread.

Because I believe the covidians like you are great contra indicators, I pressed my hedge up measurably directly due to your ignorance 😂💰

 

[Ucfmikes]

Hey just wanted to thank you guys again for resurrection of a 10 year old thread.

Because I believe the covidians like you are great contra indicators, I pressed my hedge up measurably directly due to your ignorance 😂💰

Who is dying of COVID amid omicron surge and widespread vaccine availability?

Doctors say U.S. COVID deaths are still mainly occurring among unvaccinated people, most of whom are in their 30s and their 40s with no underlying health issues.

www.google.com

 

[Ucfmikes]

@Boston.Knight ’s neighborhood after buying gold

 

[Ucfmikes]

Hey just wanted to thank you guys again for resurrection of a 10 year old thread.

Because I believe the covidians like you are great contra indicators, I pressed my hedge up measurably directly due to your ignorance 😂💰

Remember when Boston.Knight said the Tampa Bay Rays' catcher died from a vaccine?

More died suddenly. I mean it's freaking everywhere now. All dying in their sleep. Sagat. In sleep. Included article on the Ray's bullpen catcher. https://www.wfla.com/community/health/coronavirus/13-year-old-dies-in-sleep-after-getting-covid-19-vaccine-cdc-investigating/...

ucf.forums.rivals.com

 

[Crazyhole]

DJIA down another 500 points today.

 

[Ucfmikes]

DJIA down another 500 points today.

Stuff that unemployed handymen worry about 😂😂😂😂😂

 

[hemightbejeremy]

4170 will be a good buy point for SPX.

 

[hemightbejeremy]

Let's see how low this baby can go! I wouldn't mind 3-5 years of a down market. I'll dollar cost average here though. This regime needs to get inflation under control without us sliding into a recession.

Inflation isn’t correlated with markets or recessions. The global recession of 2008-2009 saw deflation. As did 2020 when Covid shut down the economy. I think we see ATHs by years end in the major indices.

 

[NinjaKnight]

Hey just wanted to thank you guys again for resurrection of a 10 year old thread.

Because I believe the covidians like you are great contra indicators, I pressed my hedge up measurably directly due to your ignorance 😂💰

You have lost 400 THOUSAND dollars investing in gold over the last decade.

🤣😂

 

[Crazyhole]

Inflation can be very tightly correlated with recessions. The fed will need to fight inflation with raising rates which leads to more expensive borrowing costs. Individuals buy less but cost of goods are rising. Companies reduce staff to reduce costs. Goes on and on.

We never should have shutdown and the States that stayed with restrictions made it even worse. There wasn't a need for stimulus after late 2020 either.

I'll take exception to this. Inflation is no longer a decent metric for predicting a recession. Quite honestly, we have so convoluted all of the metrics that it's impossible to say when we actually are in a recession.

 

[Boston.Knight]

Hey - just wanted to thank all the covidians once again for resurrecting a 10 year old thread. Thanks to you, I doubled my long gold short nasdaq hedge just in time for the big move.

There will be a counter trend rally and takedown of gold at some point. That will be your opportunity to get in.

 

[Boston.Knight]

Your trade might finally pay off which isn't a good thing for our country. Are we building back better yet?

It's comical watching these guys resurrect 10 year old threads to try and make me look bad and end up doing the exact opposite. Stocks, parts of real estate, crypto are all in a bubble. The Fed is intent on popping said bubbles and needs gold to go up to do that.

Plus, make no mistake, a hawkish Fed is only part of the current landscape. This breakout in precious metals is also a put against the USD and the Fed itself.

 

[hemightbejeremy]

It's comical watching these guys resurrect 10 year old threads to try and make me look bad and end up doing the exact opposite. Stocks, parts of real estate, crypto are all in a bubble. The Fed is intent on popping said bubbles and needs gold to go up to do that.

Plus, make no mistake, a hawkish Fed is only part of the current landscape. This breakout in precious metals is also a put against the USD and the Fed itself.

Because 10 years ago the price of gold was the same as it is now. Inflation adjusted it is now lower.

 

[NinjaKnight]

Because 10 years ago the price of gold was the same as it is now. Inflation adjusted it is now lower.

I really can't tell if he is trolling or is legitmately mentally retarded.

Even a 7 year old would understand if you're invested in gold ten years ago at the exact same price that it is now, and the stock market went up 400% and BTC 42,000%, gold is an idiotic investment.

 

[Crazyhole]

It's comical watching these guys resurrect 10 year old threads to try and make me look bad and end up doing the exact opposite. Stocks, parts of real estate, crypto are all in a bubble. The Fed is intent on popping said bubbles and needs gold to go up to do that.

Plus, make no mistake, a hawkish Fed is only part of the current landscape. This breakout in precious metals is also a put against the USD and the Fed itself.

What's really funny is the idea that people mock the idea of buying gold. As if the paper they hold instead is worth so much more in the long run. Fiat will end, gold will still exist.

 

[Boston.Knight]

What's really funny is the idea that people mock the idea of buying gold. As if the paper they hold instead is worth so much more in the long run. Fiat will end, gold will still exist.

What's comical is that these guys pick an arbitrary top of any asset class they can't stand and suggest that you should never buy or trade that asset class because of a prior top. If that were true, you wouldn't be buying much of anything ever, except at tops 🤦‍♀️

I am confident the nasdaq is going down at least another 10% and gold is going up another 10%. There will be counter trend rallies along the way. The "Fed Put" is rumored at 3900 on the S&P. They want stocks and real estate down in the worst of ways without raising rates too much. Hammering on those two is the best way to do it. The party is over... for now.

 

[Boston.Knight]

^^ Peter Schiff on this topic.

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Ucfmikes]

12) woke

 

[Crazyhole]

Gold is up 20 bucks in the last couple hours.

The stock market is going to be a mess tomorrow morning.

 

[Boston.Knight]

Facebook closed at $198. Twitter at $32. Nasdaq down another 2.5%. Gold up .05%. 😉
Let's go Brandon!

The Fed knows they blew a monster bubble in stocks and created a massive wealth divide in the process. That never leads to good things.

Rents are unaffordable, housing +20% YoY? Nasdaq 40% YoY? That’s not normal or desirable as we now see with the new onset hyperinflation

You are a damn fool if you haven’t gotten out of the bubbles - that includes crypto, bubble stocks, spec real estate and so on

 

[Boston.Knight]

Hey Boston, just checking in. How's this gold thing working out for you? Hahahahahah

Doing great! Thanks for dragging up this thread. It made me realize I needed to press my hedge.

You are my #1 contrarian play 😂

 

[Boston.Knight]

Wokecoin down 9%
Oil up 8.5%

Yep, gold is better not to be too volatile. That's where the wheels came off in the 2010 bull market. Just a nice slow and steady increase is better. Two steps forward, one step back. Slow and steady wins the race.

On a similar note, I would like to name @NinjaKnight as our board's resident house idiot. The dude has tagged me over 500 times in the last few months and has been wrong on everything from the pandemic to stocks to portfolio management. He was bullish on nasdaq and crypto at the top and bearish on gold at the bottom. 🤦‍♀️

I have him on ignore, because he is clueless but I see your quotes every now and then. Since I'm banking coin because of his actions, I do have to thank him and encourage him to keep it up. 🤣

 

[Boston.Knight]

 

[Boston.Knight]

 

[Boston.Knight]

Can I get a gold vs QQQ chart since Jan 2022?

Can I get a gold vs BTC chart since November 2021?

Just curious 🤔

Gold vs QQQ. Do you see the gator jaws and divergence that opened up during the money give away i.e. Fed accommodation? Expect them to meet in the middle somewhere as part of mean reversion

 

[NinjaKnight]

Yep, gold is better not to be too volatile. That's where the wheels came off in the 2010 bull market. Just a nice slow and steady increase is better. Two steps forward, one step back. Slow and steady wins the race.

On a similar note, I would like to name @NinjaKnight as our board's resident house idiot. The dude has tagged me over 500 times in the last few months and has been wrong on everything from the pandemic to stocks to portfolio management. He was bullish on nasdaq and crypto at the top and bearish on gold at the bottom. 🤦‍♀️

I have him on ignore, because he is clueless but I see your quotes every now and then. Since I'm banking coin because of his actions, I do have to thank him and encourage him to keep it up. 🤣

I love how you claim I'm on ignore, but then you immediately talk about how you read my posts

Absolutely perfect description of your mental illness.

I honestly hope you get the professional help you obviously need, before you die from covid like @spacecoastknight, your fellow anti vax moron.

 

[NinjaKnight]

Gold is down 4% on the year and the broad market is up 27% but trust me this time I’m gonna be right.

Just like he was right about the rays catcher. And Bob saget. And chemtrails. And gold for the last decade 😂🤣😂

 

[hemightbejeremy]

No lie if you are day trading there are opportunities here hopefully you flipped gold at market open for VUG today.

 

[hemightbejeremy]

Yep, gold is better not to be too volatile. That's where the wheels came off in the 2010 bull market. Just a nice slow and steady increase is better. Two steps forward, one step back. Slow and steady wins the race.

On a similar note, I would like to name @NinjaKnight as our board's resident house idiot. The dude has tagged me over 500 times in the last few months and has been wrong on everything from the pandemic to stocks to portfolio management. He was bullish on nasdaq and crypto at the top and bearish on gold at the bottom. 🤦‍♀️

I have him on ignore, because he is clueless but I see your quotes every now and then. Since I'm banking coin because of his actions, I do have to thank him and encourage him to keep it up. 🤣

Gold since 2010 wheels came off is up like 5% over 12 years.

 

[Boston.Knight]

Gold since 2010 wheels came off is up like 5% over 12 years.

You are really dim, which tells me there is more room for the gold trade as you represent the CNN crowd pretty well. Great contrarian indicator. In fact, I'm gonna take a basket of useful idiots and will include you in them for asset reallocations.

On gold, waiting for one more move to the 1800's. It may go as low as 1840 if PPT comes on like gang busters. May not get there, but if it does, I'll be legging in for more. On nasdaq - sell the rips. PPT is out today en force , can't have US stocks down on a day the Russians embarrassed us badly making us look like fools

Oil since 2005 is down 5%
Crypto since 2021 is down 50%
The Japan Nikkei is flat for 40 years
At the end of the 2008 bubble, housing was down 50% + in some markets

Buy low sell high. You tools seem obsessed with the other way around. 🤣

 

[hemightbejeremy]

You are really dim, which tells me there is more room for the gold trade as you represent the CNN crowd pretty well. Great contrarian indicator. In fact, I'm gonna take a basket of useful idiots and will include you in them for asset reallocations.

On gold, waiting for one more move to the 1800's. It may go as low as 1840 if PPT comes on like gang busters. May not get there, but if it does, I'll be legging in for more. On nasdaq - sell the rips. PPT is out today en force , can't have US stocks down on a day the Russians embarrassed us badly making us look like fools

Oil since 2005 is down 5%
Crypto since 2021 is down 50%
The Japan Nikkei is flat for 40 years
At the end of the 2008 bubble, housing was down 50% + in some markets

Buy low sell high. You tools seem obsessed with the other way around. 🤣

So did you “sell high” at market open you fugging tool? Or were you too busy bragging here about gold being 3% higher than it was a decade ago?