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Bob Moriarty has made some very good calls from using the DSI.
"DSI Says Gold and Silver to Bottom Soon, Dollar to Top Soon"
http://www.321gold.com/editorials/moriarty/moriarty092823.html
In it - "The markets I have identified above are going to reverse direction in the next month. You can write that down on a piece of paper and take it to your local bank and cash it."
"This os going to be good for gold: Basel III: " - 1775 - Basel III means nothing. I had this argument years ago when people were saying it would make the price of silver rocket. It came and went and the silver price didn't even flicker.
I read a very good explanation of why Basel III was meaningless - ways round it - but it was years ago and I doubt that I could find it.
"Interest rates (& inflation) are going MUCH higher." - BuggerTheBanks - possibly. What Celente was saying was that next year in the US they will lower the interest rates because of the election. It will be done for political reasons not economic reasons.
Has Sunak been very sneaky? He came out with a vote-grabbing claim that he was pushing back the phasing out of petrol and diesel cars to 2035 - but he knows that by 2030 the motor manufacturers will have stopped making petrol and diesel cars - yo won't be able to buy one. So Sunak didn't really give us anything - it was a fairly tale. You can see why I call him slippery Sunak.
Https://www.youtube.com/watch?v=0aisLD2hR_A
Gerald Celente - when interest rates go down (in the US) gold will go to over $2,200. Hear his reasoning - the CRE crash, WFH and other factors.
This is a pretty good interview and he gives us some Celente classics. He talked about the mortality rate in the US, and alluded to one possible cause - "Look what the people look like, suffering from blimpitis. Once when I was a kid there was this Barnum and Bailey circus, ""Step right up, step right up, see the fat man, see the tattooed lady!"" You don't have to pay to see them any more, you see them out on the street, they are all over the place."
About Artificial Intelligence \ AI. He says that AI is taking over, "They got it wrong in the King James Bible, they say the meek shall inherit the Earth. The geeks have inherited the Earth." AI is the beginning of the end of civilisation.
Try again. The sp is dropping.
This drop was to be expected.
Read my posts. I've been on the FLX \ FCS board for years and I've seen it many. many times. A bit of news or just a bit of ramping causes a spike, but the spike ALWAYS fizzles out and the downtrend resumes.
I posted that warning on here not long ago - you were warned.
This drop was to be expected.
Read my posts. I've been on the FLX \ FCS board for years and I've seen it many. many times. A bit of news or just a bit of ramping causes a spike, but the spike ALWAYS fizzles out and the downtrend resumes.
I posted that warning on here not long ago - you were warned.
So Ed Dowd keeps being proved right. It was almost two months ago when he gave that interview and he told us of things that turned up on the BBC news only today.
Dr.P and SouthEast mocked me with taunts of "conspiracy theory". Isn't it funny how so-called conspiracy theories keep turning out to be true.
Stock market investing isn't just about buying. Knowing when to sell is equally important, if not more so. I told you of the drop in the value of my investments. If I had sold I would avoided that fall. (** Knowing of the mockery and insults that will attract, I add a side note - I'm not too worried. In many years of investing I've seen ups and downs. They are good quality companies and will come back.)
Back on topic - selling is important.
In August I posted a link to an interview with a top fund manager who made a forecast. As usual, my post was mocked and scorned. I got abuse simply for posting an interview, which they could have chosen to listen to or to ignore.
I mention it again because this morning on the BBC news was an item that backed up what Ed Dowd had to say. I think this is the fourth time since I first posted that interview, that evidence has emerged to back up what Ed Dowd said.
With a track record like his, and with evidence constantly confirming his views, it is stupid to ignore his forecast, so for your benefit, here it is.
Ed Dowd, top fund manager, former BlackRock fund manager
At 24 mins - being in the market now is a mug's game, get into cash and soon you will be buying your favourite stocks dirt cheap.
In the interview prior to that comment, he explains how his forecasts lead to that conclusion - forecasts based on his analysis of official statistics (including UK gov't data) and what is going on in the world.
https://usawatchdog.com/cv19-vax-is-a-crime-coverup-ed-dowd/
"North Sea Booming for analysts with sufficient braincells to see the facts!"
DELT Share price falling for anyone with sufficient brain cells to see the facts! - but bigots wearing rose-tinted specs can't see it \ don't want to see it.
Only people like me who seek truth can see it.
You are having fun aren't you - you've picked up on a term I used - Rose tinted spectacles.
Hold on a minute - I thought no one read my posts. You (the gang of 8) posted "Get lost" and told me no one was interested in what I said. As usual, you were lying, you are reading my posts.
Noel Shempsky -love or hate him - but you've got read Him !
As usual you have misrepresented my words. Yes, the North Sea is booming - I didn't say it wasn't. My posts were about new licences - where are they?
I said they will probably be granted - but all I was saying is that it isn't 100% guaranteed. That was my point and just look at the reaction I got . Absolute madness from a load of bigotted buffoons who have ruined this board with their endless posting of insults, abuse and specious claptrap.
Even though evidence keeps on turning up to back up the things I say, they still attack me.
Never trust politicians. In 1939, when the PM, Neville Chamberlain came back from Munich, he waved a piece of paper and told the British people that it guaranteed "Peace in our time". Not long afterwards, the country was at war.
We are nearly at the end of September and still no new licences.
Sunak said that HE (not the NSTA) would grant new gas exploration licences.
Was he telling fairy tales? Here is someone who thinks Sunak tells fairy tales -
"DAN HODGES: There's no painless route to net zero but Rishi Sunak will only tell you fairy tales"
https://www.dailymail.co.uk/debate/article-12553693/DAN-HODGES-Theres-no-painless-route-net-zero-Rishi-Sunak-tell-fairy-tales.html
What did I say about slippery Sunak? Evidence just keeps on turning up to back up the things I say.
Never trust politicians. In 1939, when the PM, Neville Chamberlain came back from Munich, he waved a piece of paper and told the British people that it guaranteed "Peace in our time". Not long afterwards, the country was at war.
From that IC piece - "ask any former Acacia Mining shareholder, who suffered the impact of a bogus tax claim"
Who was the b*st*$! on this board who told me I was wrong when I said ACA was robbed, the shareholders were robbed, ACA didn't owe any tax?
And don't think the Tanz gov't are any more honourable now than they were then. If they see a miner with lots of cash, they will want to steal it.
A while ago, in a debate with DrPatience (who has no patience) he countered my post about Net Zero plans \ 15 minute cities, etc, by saying that people were getting what they voted for.
I knew then that he was wrong. It is being done in secret, or as secretly as they can possibly get away with.
"The astonishing thing about the net zero target is that it was nodded through Parliament in the dying days of Theresa May's government without a vote, an impact statement, any idea of what it would cost or even whether it could be achieved at all in an advanced industrial country" - see - done in secret.
This is from this article - "ROSS CLARK: There's one net zero deadline that's fast approaching which Rishi Sunak didn't mention. And it should seriously worry all of us".
https://www.dailymail.co.uk/debate/article-12547243/ROSS-CLARK-net-zero-deadline-approaching-Sunak-didnt-mention.html
You get common sense and facts from me, and bluff and ignorance from Dr. P.
Did Lord Spencer talk about this?
What did I say - a balancing act - "Mr Sunak said he expected his plans to 'command very broad support, not just in our party but in the country'.
But ministers could face a tougher challenge in the Lords, where the Government does not have a majority.
The Tory benches in the Lords contain a number of committed environmental campaigners who have criticised Mr Sunak's plans, including former environment minister Zac Goldsmith and former climate change committee chairman Lord Deben."
That is from this article - "Tory rebels could block Rishi Sunak's plan to delay the ban on the sale of new petrol and diesel cars in parliament"
https://www.dailymail.co.uk/news/article-12547009/Tory-rebels-Rishi-Sunaks-delay-ban-sale-new-petrol-diesel-cars-parliament.html
Yet again I am proved right.
I'm proved right - again. I said - A spike that fizzles out.
This was predictable,but not for those wearing rose-tinted specs. By the way, the cost will be far greater than £15,000. £45,000 is more like it, and that is at present day prices.
"Environmentalist plot legal challenge to Rishi Sunak's green U-turn on cars and boilers after he accuses them of not caring about the £15,000 cost to families of Net Zero plans"
https://www.dailymail.co.uk/news/article-12548521/Environmentalists-legal-challenge-Rishi-Sunaks-green-U-turn-Net-Zero.html
This was predictable,but not for those wearing rose-tinted specs. By the way, the cost will be far greater than £15,000. £45,000 is more like it, and that is at present day prices.
"Environmentalist plot legal challenge to Rishi Sunak's green U-turn on cars and boilers after he accuses them of not caring about the £15,000 cost to families of Net Zero plans"
https://www.dailymail.co.uk/news/article-12548521/Environmentalists-legal-challenge-Rishi-Sunaks-green-U-turn-Net-Zero.html
"But what happens when gas power — which last year accounted for 38.4 per cent of electricity generation — is removed from the grid?" - that is from this article -
"ROSS CLARK: There's one net zero deadline that's fast approaching which Rishi Sunak didn't mention. And it should seriously worry all of us"
https://www.dailymail.co.uk/debate/article-12547243/ROSS-CLARK-net-zero-deadline-approaching-Sunak-didnt-mention.html
"But what happens when gas power — which last year accounted for 38.4 per cent of electricity generation — is removed from the grid?" - that is from this article -
"ROSS CLARK: There's one net zero deadline that's fast approaching which Rishi Sunak didn't mention. And it should seriously worry all of us"
https://www.dailymail.co.uk/debate/article-12547243/ROSS-CLARK-net-zero-deadline-approaching-Sunak-didnt-mention.html