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Saturday, April 20, 2024

Gold getting ready to move

Courtesy of Read the Ticker

gold-getting-ready-to-moveBy Xmas 2021 the DEM’s must set a foundation for their run in US Mid Terms late in 2022. The DEM’s have a few narrative problems, but one they wish to avoid is a ‘stock market crash’. They must produce enough juice for the economy to hold up into the mid term elections.



In short it is more debt, a  higher debt ceiling, and more debt for the FED to buy, a larger balance sheet for the FED. This means hard currency remains in a uptrend and higher prices will be soon upon us.










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Gold




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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.




Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..“The only way you get a real education in the market is to invest cash, track your trade, and study your mistakes…. The examination of a losing trade is tortuous but necessary to ensure that it will not happen again.”..



Jesse Livermore





..”Fundamentals might be good for the first third or first 50 or 60 percent of a move, but the last third of a great bull market is typically a blow-off, whereas the mania runs wild and prices go parabolic… There is no training, classroom or otherwise, that can prepare for trading the last third of a move, whether it’s the end of a bull market or the end of a bear market.”…



Paul Tudor Jones





..”Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception”..



George Soros





..”Markets are designed to allow individuals to look after their private needs and to pursue profit. It’s really a great invention and I wouldn’t under-estimate the value of that, but they’re not designed to take care of social needs”..



George Soros







..”A market is the combined behavior of thousands of people responding to information, misinformation and whim”..



Kenneth Chang







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