Argentus' Golden Quarter

Winning at trading is one of the pinnacles of achievement and the majority of trader-investors try and fail in their attempt. But some of those we use the term "Master Traders" talk to us in terms of Zen, Inner Mind, Psychology, and Sentiment. Why are they talking like this instead of using news cycle terminology, or economics terminology? What are they trying to tell the beginner? And ..when they do tell it, why is their message so difficult to accommodate into our financial worldview? Why do beginners embrace bad information and keep going back to the same sources?

Some ideas on this from Argentuis Maximus.

As every bear market passes certain milestones, or landmarks, defining its phases, we should expect to see sentiment alter, indeed change in certain ways to confirm that the bear is still moving on its discerned course towards the next big price swing's birth.

- Argentus Maximus

Argentus Maximus writes: Newmont is due to make a cycle low between 2015 and 2017. It might have already done so, but if it hasn't, there might be a buying opportunity during the latter part of this year, say the coming 12-18 months. Do your own due diligence!

What factor(s) specifically give(s) a Federal Reserve Dollar Note it's value? A Pound Sterling coin it's value? A five Euro note? A T-Bond or Bund? How about a Venezuelan Bolivar?

What gives a currency longevity overcoming the attacks from external powers? Power? Faith? Reputation? The alternatives currently available, or lack of alternatives possibly? And when a new alternative becomes available, from where does it truly get it's value? From where does it derive it's value ..... ?

How many lows does it take to end a four years minimum bear? How much separation does a secondary low, before or after the main low, have to nave to qualify as a bottoming consolidation? There are no fixed answers, just experience, some reluctance to follow false storytellers, and musing upon the facts as they appear at the time. Here are Argentus Maximus's weekend thoughts.

Ever hear the phrase "disaster capitalism". Not yet?

In that case, read on ....

The Global Gold Supply Data Saga flies back into our radar in it's latest newest iteration.

This time it's only 600 tonnes of gold that is "coming and going". Only 24 billion bucks of vagueness ......