Category: Peak Picks
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Jan 27, 2021 Dreams do come true, so to nightmares, for GameStop GME shorts. What? From $12 to $365, and it ain’t over yet ?? OH MY. Lets go with something more pedestrian and mundane, my last trade in the retirement accounts. After having soul-searched for a suitable vehicle for low intensity investment, I picked…
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Jan 7, 2021 One of the things I can recall bumpier than this weeks start, was the ride on the cargo rack of a Suzuki King Quad about 8 miles into the Steese Nat’l Recreation area at Beaver Creek, about 80 miles NW of Fairbanks, AK. I anticipate the rest of the week will…
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Dec 31, 2020 Did any of this make any sense to me? In the greater part, I was incredulous at the insane valuations of the DJIA style markets. First on the left is the DOW, on the right is the Average Stock that you or I might own. Did you notice they went up…
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You have seen seven years of surpression instigated by the loss of the USA’s AAA debt rating, as Gold was hitting highs, ratting out the FED and US Treas, that this was OK. We can see by this time it didn’t turn out so well. The GDX plunged 50 points, from 62.5 to 12.5, where…
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WHAT DOES A TRIP-WIRE LOOK LIKE ? It’s as clear as a bright sunny dawn, that multiple financial failures are what is draining all the cash the FED is putting out as repo’s. That’s probably not the sun you see coming over the horizon but the closest nuclear meltdown of a bank or derivatives…
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OCT 17, 2019 Oh its Tuesday, (Friday) yes another bank just crapped out. Sixty (60) Billion this time? No its bigger, ninety (90) Billion this time. What we got here is a serial implosion down the daisy chain. Whoops there goes another 100 Billion rat-hole!!! Hey, isn’t it only one a week? OK, some…
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For most of us the reason for price movements, can be pretty masked most of the time. This latest weakness in Gold, has a clear reference to China, as shown in this LINK , based on China’s vacation week, its National Days which ended today. The charts in the linked article give graphic representation…
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September 21, 2019 PICK THE TWO (2) DECISIVE EVENTS FOR THIS WEEKS PRICE ACTION BLACK SWAN ATTACKED SAUDI OIL PLANT; OVERNITE INTEREST BETWEEN BANKS SOARS TO 10%; JUSTIN TRUDEAU APPEARS IN “BROWN-FACE”; RUSSIA PREDICTS OIL PRICES FALL TO $25 NEXT YEAR; US NAVY CONFIRMS “UFO” s ARE IN FACT, REAL; FED LENDS $100 BILLION TO…
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WHATS UP WITH THE USUAL SUSPECTS WE FOLLOW ? After sorting thru all the Parallel Line charts, Relative Strength, and some other criteria, a number of candidates presented themselves. That being said, you can see if not feel that we are going thru a correction in the Precious Metals, and yet Silver is…
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August 27, 2019 TRENDS are a “fitting” topic. Remember the parallel bars in gym class? Easy for some, difficult for others, always one arm slipping before the other and down we go. Trends are like that. Something changes up or down and the Trend changes. Here goes: Cannot deny that this is a…
