Member Info for bonker99

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Should give the Fed some pause for thought re 75bps+ ...

1/10th of the ATH ...

Bitcoin spiking right now - who knows :)

Big day and the week isn't over yet - if Bitcoin is back at $26k by the end of the week then everything, sentiment-wise, will turn and people will start looking much higher ...

Because nobody knows where the bottom is though a quick spike down to $19.3k will be worth looking out for.

Bitcoin has never been this oversold before on the weekly and ARB is oversold on the daily too.

Middle of the week, middle of the month - big day.

Interesting times ...

Big day today.

Pound taking a beating courtesy of the Dollar - nice.

Bitcoin has never been this oversold on the weekly RSI before - the only time it came anywhere near it subsequently 3x bagged.

Just saying.

https://twitter.com/bonker_99/status/1536730606629003266?s=20&t=m7o4YqgjEYx2Y40Khd3dQg

That was US NG - Euro NG going the other way lol

NG plummeting chaps - get a chance at 60s with a bit of luck.

Hmm ...

PPI 0.8% M/M, Exp. 0.8%
PPI 10.8% Y/Y, Exp. 10.9%

PPI Core 0.5% M/M. Exp. 0.6%
PPI Core 8.3% Y/Y, Exp. 8.6%

That's the CPI for at least the next six months then ...

Well we're obviously in the midst of a commodity boom so, yes, almost regardless of the commodity BTFD ...

Interesting.

"if you study the sensitivity analysis then at $1,800 gold it's back up to c$750m"

Correction: $820m / net c26p to HUM

It's all nonsense and we all know it - CPI @ 8.6% actually means 25%+ inflation in the real world.

If they want to slam everything then they will do - they're not reacting to anything here, it's their plan and their doing as ever and time will tell what they want to achieve and how.

People are currently being asked to pay >6% on their US 30-year mortgages against a backdrop of completely nuked Discretionary Spend so, yes, IMO if they even raise another 50bps, never mind 150bps, they risk going into the mid-terms with housing on its knees (at best) and the job market falling to pieces too but maybe that's the plan - who knows with the Money Guys.

FWIW - I was just checking the Bitcoin chart and its current oversold status on the weekly RSI is a first in its entire history - it's literally never been oversold on the weekly before :)

Morning.

Given that the lithium price has 10x bagged in the last couple of years I'd be feeling pretty chilled here right now - God knows what NPV number will come out of the DFS but it's obviously going to be billions of Dollars vs the current £65m mcap.

:)

Paint it black ;)

Just one problem with that view of course (other than it coming from GS ...) which is if they even do half of that before November then the Dems will be going into the mid-terms with no housing market - I find that hard to believe ...

Morning - I see that Bitcoin tapped $21k last night - IIRC, that's the point that Saylor gets margin called :)

Oversold now so who knows what happens next - interesting times ...