Tag Archive for Federal Reserve

Gold and Silver to Shine?

August 25, 2012 Commodities

Both gold and silver are now solidly above their 200 day moving averages and the divergence between stocks and metals may be reversing a bit with stocks falling and metals rising. Certainly, metals are the better inflationary hedge as evidenced by currency collapses throughout history, but in today’s technologically advanced stock market focused society anything can happen so long as the puppett masters can still control their Frankenstein-like creation of bubbles and super-bubbles.

Do we need more regulation? Against monopoly and those who seek to end competition, yes. Against mom and pop farmers and the chick who owns a small shoe store in Albuquerque? Hell No. Leave the small business owners and Dairy Farmers alone.

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Pomo Rally Rampjobs the Market up .8% on QQQ

May 18, 2011 www.hedgephone.com/network

CVX, COP, RIMM, FCX, NEM, outperfomed so we are happy today… Yesterday I took profits on short positions and sold off the longer dated puts on my calendar put spreads on the IWM… Today, I have closed out a good deal of my incremental long exposure as the 1.5BN days are usually red ones… With that said the market will likely stay pinned for options expiration, using CRM’s “beat” to pump the stock market a little higher on Friday… I think we are going to test the old highs possibly, but we will again fail at them and will selloff again…

All we need to know is to buy PM’s and Stocks before the 6-7BN days and short index funds on the day before the 1.5BN days… it’s not purely that simple, but pretty darn close… I will keep readers posted, but light POMO for the next few days will likely be a bigger factor in markets than an oversold stochastic on the daily charts…

RSI is not too low, and the market is overvalued… In essence, the government has to print money to keep stocks up, but pretty soon that trick will not work any longer… It’s a tough environment just remember not to be short on the 6-7BN days!!!!!!!!!!! (like today)

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No Pomo = No Momo????????

May 13, 2011 www.hedgephone.com/network

Monday is one of the first POMO-less days in a long time… 1.5 billion of “monetization” is not going to help put a bid in for stocks in my view as today’s 5-7 bn of printing did not help stocks catch a bid… The market is insanely overvalued folks, and a bear market is coming…

If the government retards can’t figure out the debt ceiling (and I hope they don’t as it’s bad for America to keep running up our debt to the criminal banksters) then the bear markets will ERUPT!!!!!!!

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