Well it's official! I have now seen everything! Except the crash! Still no sign of it! The source of my information told us a lot of other things (which all happened exactly as stated), so I don't know why they would disclose info about some things (impossible to guess) but seemingly be off on the crash date! I really wish I had more to tell you but I have nothing else at the moment. (Other than to reiterate that everyone needs to drain their cash out of the banks as soon as possible.) Please read this article: https://www.smh.com.au/politics/fed...tes-to-coronavirus-stash-20200814-p55lql.html "There are now 36 $50 notes and 16 $100 bills for every man, woman and child". The run on cash has begun. The Aussie plastic cash supply is only $100 billion. Bank deposits are in the order of $2,000+ billion. Once a (very) small percentage of people convert their accounts into physical cash the plastic notes will become very hard to obtain. More might be printed - but remember the toilet paper scare? Once the sheep start a panic run into physical cash there will be no stopping them! People are already telling me they are finding teller machines regularly empty. SPOT: USD $26.50
I haven't lost faith in ye Captain....there is always a lag between the earthquake and the tsunami, between the explosion and the blast wave, between visiting those bawdy lassies and a trip to the doctor. I'll keep me larder full, me pieces of eight locked in the chest and wait for the opportunity to sail again.
Difficult to nail these calls captain! We are in a brave new world , so much disinformation opaqueness etc etc. I for one have been lurking and following for many years now. I have ventured from my sheltered cove after raiding several years ago but I sense the storm brewing in the murk and I maybe heading back to shelter.... Thanks for your informative posts
Still more rains in China. Food will become markedly more expensive - due to flooding China is losing crops at alarming rate and there will be shortages on protein. Just in the past 30 days, China has executed its two largest purchases of corn from the US - ever. The combined amount was 3.699 million tons, or about 3% of China's 2019 production. Total grain imports YTD are up 20+% versus 2019. Pork imports are at an all-time high. Spot USD $27.26
Heavy Rains last month was in China (July -25th) a week before was South Korea 3rd Aug last week was Greece 10th Aug yesterday UK 16 Aug https://www.facebook.com/video.php?v=3244435955637959
It’s starting to drop off abit, pretty strong resistance at the $38aud range. I’m usually quite bearish but I recon it’s going to punch through the $38 this week.
It was a nice climb over the last 2 months into the high 30's with an overshoot to 40 and back down to a stable mid-high 30 range, we couldn't have asked for a better result than this!
I actually want it to drop so I can buy more haha! Will have to wait a few more weeks for a pull back if it does.
Some stuff in the forum are cheaper than else where.... Don't snooze... @Boyscout is Ready to shoot...
Get in while you guys can, currently building projects are taking up my day light hours but i jump on every now and then...... guns are loaded and ready to shoot Always happy to bring a cannon to a knife fight Its only fair
Where does everyone think it’s going to head to? There’s abit of resistance now around the $39 mark, if it heads through that I recon we will see $40+ for sure. Btw I’m amateur with TA so don’t take this fact.
