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RichRock

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  1. Hope everyone had a great Xmas and New Year! The failure of the DJIA @ 24k resulted in that lovely 2500 point drop @ xmas, but here we are back testing 24k, support turned resistance. If 24k resistance holds, then another freefall, this time to 21k could be on the cards. But hey, with the PPT running the Casino and painting weekly reversals on the charts, I'm going against the herd and Shorting this 1 legged poorly bull from just under 24k down again. No bias, I just don't like 1 legged bulls . Xmas retail sales worst since 2008/9, car sales disastrous, thousands being laid off, US Government closed, UK government in chaos, money printing to infinity...what's not to like? Could be wrong and the PPT drive this higher, but it doesn't matter, I've reduced exposure, got a lot of patience and cold wine. If it does crash, I've got PM's and cold wine. Here's to a great Q1 everyone!
  2. RichRock

    Goldsilver.be refuse to send my order?

    Thanks for the update, some good news. Just want to thank @sixgun for helping him/her out here, top scholar and a gentleman. Now for the remaining 550 Euro's balance that goldsilver.be stole from you, I would fight that too. You will win as they wrongfully retained your funds and didn't send the items you paid for. All the best
  3. RichRock

    about goldsilver.be

    Hi mate, I'd see a doctor about that predigest. If you haven't received your delivery from goldsilver.be, then be sure to check your front garden, back garden, wheelie bin, next doors garden, next doors bin, the house in the street around the corner that just so happens to have the same number as your house. If that fails, then the old woman walking down the street talking to herself selling lucky heather might have it. Once all these options have been checked, then send an email to goldsilver.be about your concerns. Expect a polite reply from them along the following lines: "F' off liar" "We don't have time to waste on people only spending 9K" "We've kept your money, tough" "I spit on you from a great height, English pig-dog" "Your mother was a hamster and your father smelt of elderberries" There are better companies out there.
  4. Pure fear, I agree. PPT/Gov and banks had a constructive meeting today I see, with everything in free fall again. This has been my favourite trading month of the year. I've just added another sector to my longs portfolio, it now consists of Banker Suicides as well as Popcorn. Next open may see gap down with circuit breakers triggered. Oh joy Have a great xmas everyone!
  5. Yes, the price action did seem a bit strange, could be intervention coming on the cards. If not, and it truly is the end of the bull, then the pain is going to be extreme. Read this yesterday: ----------------------------------------------------------------- "Washington — Secretary Mnuchin conducted a series of calls today with the CEOs of the nations six largest banks: Brian Moynihan, Bank of America; Michael Corbat, Citi; David Solomon, Goldman Sachs; Jamie Dimon, JP Morgan Chase, James Gorman, Morgan Stanley; Tim Sloan, Wells Fargo. The CEOs confirmed that they have ample liquidity available for lending to consumer, business markets, and all other market operations. He also confirmed that they have not experienced any clearance or margin issues and that the markets continue to function properly. Tomorrow, the Secretary will convene a call with the President's Working Group on financial markets, which he chairs. This includes the Board of Governors of the Federal Reserve System, the Securities and Exchange Commission, and the Commodities Futures Trading Commission. He has also invited the office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation to participate as well. These key regulators will discuss coordination efforts to assure normal market operations. "We continue to see strong economic growth in the U.S. economy with robust activity from consumers and business," stated Secretary Mnuchin and added "With the government shutdown, Treasury will have critical employees to maintain its core operations at Fiscal Services, IRS, and other critical functions within the department."" -------------------------------------------------------------------- I remember just before the last crash when the FED summoned the big banks for a little "chat". We know how that played out the following week. I know we have been talking about this for over a year on here now, the valuations are extremely over stretched and cannot be maintained at these levels, hence we buy precious metals for when it goes pop. The charts have been screaming this to everyone, but it seems only a few of us can see/want to see the bullsh*t behind the curtain. If this does accelerate, then I fully believe it will be much, much worse than 2008. The intervention and QE since then has completely distorted the markets and the correction will be much deeper than anyone imagined. I imagine the phone calls/meetings today behind the curtain with the banks and PPT above will consist of questions/statements such as "Can we allow it to crash?" "Which of your banks will fail?" "There is no bailout this time" "I suggest some of you banks merge" "Shall we just bail out again with QE5 and hope for the best?" One thing I do know for certain, when the largest US banks all slap each other on the back and say "we have ample liquidity available", then there is no liquidity available. Q1 2019 may be one for the history books. Should be a good show, I'm long popcorn.
  6. Go one step further, convert a 40ft shipping container into small home, float it on pontoons and live aboard as residential in a marina. Like this: https://www.homesandproperty.co.uk/property-news/george-clarkes-amazing-spaces-a-floating-home-made-from-shipping-container-puts-houseboat-living-in-50876.html I costed this up once upon a time: 1 trip only 40ft container: £3k DIY fit out inc materials: £6-10k (if you do ALL the work and are very handy with plumbing/elec/woodwork etc). Obviously you can go as expensive as you want on the fit out. Pontoons from China (must be certified for insurance purposes): £4k Cost for home: £13k - 17k. Marina berthing costs: £2.5k P.A, Boat Safety Cert every 2? or 4 years? £300, Annual waterways license, depends if river or canal marina: approx £800. If coastal marina (sheltered obviously), then just marina fee to pay. Electricity at cost from electric plug in. Free water. Free showers/toilets/laundry/parking. Allocated mail slot/address. I decided to buy a sailing boat instead and lived on that for a while before moving back onto land. Had the time of my life, and I got to sell the yacht for more than I paid for it.
  7. Well that escalated quickly, much popcorn was consumed this week. Worst week for Rus 2000 since 2011. Nasdaq 100 officially now bear, Nasdaq Composite now bear, Trannies bear, Small Caps bear. Oil took a dump (and the Saudi's in their pants probably). However, just something I noticed while watching the price action, the fall seemed to be "non - panic", a more controlled sort of descent. Normally I would expect to see more extreme wild and rapid moves if it was a true crash beginning. Thoughts? I must admit though, the following screen shot of the last week's moves certainly does look Christmas'y, nice and red, very festive Edit: A bit of green spoils getting the completely red effect, but I don't mind...the green is mostly industrial metals and gold
  8. Totally agree, BTFD seems to be turning into STFR (Sell The Fking Rip). Looking forward to next week's moves. RUT2000 is a poorly bull standing on one leg. Popcorn back out of the cupboard for Mon_Fri.
  9. RichRock

    Goldsilver.be refuse to send my order?

    Thanks for the update. Wonder how they'll progress with this.
  10. It stinks, the casino makes it's own rules and then cries foul if anyone spots it.
  11. Personally I'm on sidelines till after Brexit, FTSE fairly stable considering all the news in the last week from the Government comedy show. I think we'll see 6250 in future, however unsure if good entry point if the knife falls hard. Edit: On sidelines only on all things GBP
  12. Popcorn back in cupboard. PPT bounce DOW 500 points from 23950 to 24450. Nothing to see here folks, the economy is in great shape because, well, just because.
  13. RichRock

    Boycotting GS.be

    Not being daft Billy, I see the same, haven't ordered for a while, will give them a ring in next couple days to see if still in stock. European Mint is the link I should have posted for Golddigger, like you say they will also price match if worth it (monsters), here's the link for Golddigger: https://www.europeanmint.com/
  14. RichRock

    Boycotting GS.be

    If ordering monster boxes, contact https://www.europesilverbullion.com/contacts/ and see if they will match gs.be prices for you. They were happy to do it for 500 Brit monster boxes, unsure about Perth 250's. You will have to pay delivery though, but their delivery is secure/ends up in your hands.
  15. Orange is good camouflage, it blends in quite well with fire and flames.