More noise today. I'm just glad I can write. I felt like a lost my cell phone and wallet without being able to post...weird.
Lets look at some charts below and take what we can from the fiat spot TA bullshit shall we?
$US is having a fantastic run here at being this summers from zero to hero. Unfortunately this will be short lived as people will pile out of shit like NFLX and AMZN as the 'sell in May and go away' adage kicks in, especially without captain chairsatan printing more. Upon this liquidation everyone and their mothers, you would assume, who didnt pile in 2 months ago to the PM's will do so this summer at bargain low prices.
Silver chart looks confusing. This is the power that Blythe has to paint charts to fuck with the human psyche. Again, unfortunately for her, she cannot manipulate the prices that kitco, and apmex will charge when there is nothing left to buy in the physical world. I had a lengthy convo with my dealer, there is little supply, and is now down to a month wait list to ship out product. How bout them apples Blythe? Negative feedback loop starting to take it toll as we head into June/July delivery months for both metals.
Look at this fuckin chart eh? Still above the MA, nowhere near it. $1500 looks good. I am so impressed with it.
Added some more Tinka today, I am expecting a NR soon. HMI and FAU look like they are free here again at levels we all bought at.
Have lots of AMZN puts now to hedge a market liquidation. I suggest you protect your longs.
More to come tomorrow, I have to go attend to bad employees and run around insurance agents dicking me left right and center. Have a beer. Relax. The world will light itself on fire, no reason for you to spark it.
Thank me lots!