The Lunatic Fringe - Market and Trade Chat

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Why not register an account and join the discussions? When you register an account and log in, you may enjoy additional benefits including no Google ads, market data/charts, access to trade/barter with the community and much more. Registering an account is free - you have nothing to lose!

Zed said:
Is @Lancers32 still alive? This market needs some salt.
Click to expand...
Lancers has been peppering this forum aplenty with his spicy contributions. Have no fear, that man has not been lost in the sauce. We understand obligations and time demands, but would like to see your welcome contributions on the table from time to time.
 
Zed glad to see the woman with the bad teeth didn't get ya. Sorry that's across the ditch. Anyways hope things are OK all around don't be a stranger.
 
News is always worst at bottoms. Doesn't mean it can't go lower of lay dead for some time but along with AG FSM you have this darling of the past.


GGqoRAzWYAAQqiQ.jpg
 
Lancers32 said:
Zed glad to see the woman with the bad teeth didn't get ya. Sorry that's across the ditch. Anyways hope things are OK all around don't be a stranger.
Click to expand...

Nope, she's in rehab now!

NZ could be a good country if they just had a revolution. Don't get me started on our BS...

Things are what they are, certainly not getting easier, but many have it worse.
 
Are they struggling to refinance or something? AKA is there substance here or just sentiment?
 
There's a decent chance that NVDA earnings report tanks the S&P 500 this week (tomorrow?). :paperbag:
 
FOMC minutes:
Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have moderated since early last year but remain strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated.

The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are moving into better balance. The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks.

In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 5-1/4 to 5-1/2 percent. In considering any adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks. The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2 percent. In addition, the Committee will continue reducing its holdings of Treasury securities and agency debt and agency mortgage-backed securities, as described in its previously announced plans. The Committee is strongly committed to returning inflation to its 2 percent objective.

In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals. The Committee's assessments will take into account a wide range of information, including readings on labor market conditions, inflation pressures and inflation expectations, and financial and international developments.

Voting for the monetary policy action were Jerome H. Powell, Chair; John C. Williams, Vice Chair; Thomas I. Barkin; Michael S. Barr; Raphael W. Bostic; Michelle W. Bowman; Lisa D. Cook; Mary C. Daly; Philip N. Jefferson; Adriana D. Kugler; Loretta J. Mester; and Christopher J. Waller.
Click to expand...

www.federalreserve.gov

Federal Reserve issues FOMC statement

Recent indicators suggest that economic activity has been expanding at a solid pace. Job gains have moderated since early last year but remain strong, and the
www.federalreserve.gov
 
Is it just this charting platform or is there really a huge neg candle wick on like EVERY single Pt timeframe? So looks like terrible manipulation but someone keeps buying.

1 min

1708547606384.png

1 Hour charts - still very visible with at least 60-70% of candles big downside wicks. That's not normal trading.

1708547631171.png
 
You must log in or register to reply here.
Back
Top Bottom