time is fooling us all, like all illusions

Cleaned up summary of a conversation with Sam Hill who looks at the charts for us since he seems to have the most confidence in his own views. Tea leaves! The charts are tea leaves I tell you. There is no Holy Grail. Gold has stopped going down did I hear you say? It may have stopped going down but so has the dollar, so nothing is official yet. Dollar was up yesterday. When it has clearly stopped going down it will be too late, so give us the heads up and wallets out scenario. Money talks.  Listen to your money. I am usually bullish before my money is bullish. So tell us what you have at risk then? Only 16% in the frying pan right now but strongly thinking of rising it to 50% and then, at my age, walking away. Sounds like a system. Are you going to tell us about it?

the thrillions of the fourth comma in trillions

Oct 25th (click chart to enlarge)

No one knows the price of anything, which is the reason prices fluctuate.Value does not fluctuate, but we do not go by value of stock prices when evaluating prices. Rather, we go by the value of money. If money is inflated then it must be stablized in a medium like the stock market to maintain its' value as a medium of exchange. So as prices go up it is also significantly reflecting the loss of value as money, according to the inflation rate of the stimulus money. When the musical chairs might stop any minute, then is when holding to the perception of the emperor's new clothes becomes more difficult to maintain.

At the moment the dollar is declining mostly because the price has advanced to a point where it is prudent to balance the equity/cash ratio of speculators. In other words the price is going down because the price has gone up enough to tip the majority of position holders risk/reward ratio to take profits. Speculators are weak hands traders who provide long term investors the ability to buy or sell at any time, no matter what the risk reward ratio may be. This all that liquidity means. Without liquidity there would be no chance for investors to do anything when they wanted to buy or sell.