Strap on Your Helmets

By D.W. ReZn8ZeRo 4/13/2017  Generally, I think you will find that although I may be judgemental of institutions and organizations and corporations, you will not find me pre disposed to wanting to horse drag individual professionals in this business through the muddy streets of Deadwood. However, I would be less than an honest person, let alone reporter if I did not take Mr. Cramer for a ride through the center of town. Why? Do I have some sort of axe to grind? No! not at all. But these all seeing wizards of Wallstreet sometimes drive me beserk with their self righteous, and indubious sleights of hand. One month ago you would have heard every swammi on Wallstreet saying gold and silver were dead and only a fool would go for any miner stocks. Then, when the price jumps almost 100$ an oz. in a couple of weeks they reach for their fallback position; "All investors should have 10% of their investments in metals." I actually mean no true or real sleight against Mr. Cramer. The only reason I brought him up is that people know who he is. Equally, I do not like some of the sales tactics used on some TV channels to sell gold to the public. As I explained in my first article, I was so very lucky to have parents that insisted on teaching me about work, a real work ethic and also the esoterics of what made the world turn. I also said I learned from some other brilliant men. This is something I would like to share with you dear reader. In the earlier days of the stockmarket, there were what my mother would refer to as "checks and balances." Simply stated, she could show me that if oil was going down, gold would go up. Not always necessarily, but the point was that if you studied the movements of the market, you would learn to read it to at least some degree. There were correlations, there were assumptions that could be made and because of ones study, and day to day attention paid, one could delineate a path. No longer is this the case in any form or fashion that I can assimilate. I keep waiting for some type of referee in a zebra shirt to throw a yellow flag and cry foul. I do not know how other traders, whether they be professionals or the interested amateur feels about this? It truly feels and seems as if there is no longer any rhyme or reason to markets. Certainly, the incident with United (UAL) was predictable and so are some things like firing missiles at other countries. Are we seeing gold rise in price because of the intrinsic unpredictability of our POTUS? Is it something else? All I am trying to ask of you, reading this, what do you make of the correlations? What do you foresee that perhaps I am obvlivious to? I am always open to ideas, suggestions and learning. When we stop learning, we are no longer living. I will close with what one of my martial arts senseis' used to end our sessions with; "Everything that is about to happen is what you make of it, except the stuff out of your control, in that case, don't worry, move forward."

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