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stewrigh replied Jul 13, 2014Yep that thought crossed my mind too - dump'n'pump'?
Cable Update (GBPUSD)
- stewrigh replied Jul 13, 2014
Does anyone know what happened Friday - something doesn't add up image image
Cable Update (GBPUSD)
- stewrigh replied Jul 13, 2014
Yep bet you can remember Woodstock too Chris - My fondest memories were at the IOW festival 1970 and amazingly the Who are still performing live - went to see them couple of weeks ago. video
What kind of music you hear while you trade?
- stewrigh replied Jul 11, 2014
This is what I see - bullish pennant(continuation). image Cable Update (GBPUSD)
- stewrigh replied Jul 11, 2014
I have been in and out of this for months now no real trend but I think PA should show the way soon. Problem I have is I'm bullish on both, slightly more so on pound. image
MPB Journal
- stewrigh commented Jul 10, 2014
And an ounce of gold cost $200?. Now it's 1350
No one loves the US dollar even the Fed signalling an end to QE didn’t help
- stewrigh commented Jul 10, 2014
Yes you are right the $ will probly not go kaboom but it will be worth a lot less when it loses the coveted reserve currency status. What that will mean for Amerika, best case, is much higher inflation. It would also curb their ability to start ...
No one loves the US dollar even the Fed signalling an end to QE didn’t help
- stewrigh commented Jul 10, 2014
Yep I agree with you guys re the gold standard - I'm not sure it would work very well and I don't really care. The true value of PM's is not as backing to fiat it's value is as real money which retains it's value over time.The limited supply vs ...
No one loves the US dollar even the Fed signalling an end to QE didn’t help
- stewrigh commented Jul 10, 2014
You can ignore if you like but facts, can't be ignored forever and have a nasty habit of biting you in the bum eventually. And I sleep just fine thanks - having a stack of PM' s helps too.
No one loves the US dollar even the Fed signalling an end to QE didn’t help
- stewrigh commented Jul 10, 2014
You have all missed the most important fact that currently supports the dollar and allows Amerika to print with gay abandon. The $ is the reserve currency of the world and whenever anyone buys commodities. they have to pay in dollars. When that ...
No one loves the US dollar even the Fed signalling an end to QE didn’t help
- stewrigh replied Jul 5, 2014
Mike, or anyone, can you do me a favour?(do you still trade COT data?) I've been reading a lot lately about the big short positions in silver and so I thought I'd look at the COT report. Now I don't really understand how to read COTs, but I believe ...
MPB Journal
- stewrigh replied Jul 5, 2014
Good call Mike - I'm beginning to thing it'll go even lower.
MPB Journal