Au strong, U solid & Li on life support. The TA crew on the rail...

Au strong, U solid & Li on life support.

The TA crew on the rail over the last months has been charged with tracking the declining price of LIT ETF & PLS for entry but nary a buy squawk, good to see a bit of professionalism returning to the rail, the old days of almonds per squawk long gone.

Au probably stuffed it up a bit, we track the DXY as it seems to be the one index that at a glance offers the most answers to what’s going on short term in markets. When the recent top established and decline defined we parked some cash in QAU etf but didn’t really follow thru to buying some actual gold stocks, RMS the only steed in the stable atm seems to be recovering from some broker downgrades few weeks ago.

ETF’s while not having the reward of individual runners also don’t have the risk therefore transaction size can go a long way to compensating for the former, last time I looked %’s not legal tender. That DXY POG inverse relationship fairly solid, the DXY dictates to the POG therefore the time lag in your favour, DXY seems to dictate to most things.

"We watched our friends grow up together, and we saw them as they fell, some fell into heaven some into hell” RIP Shane Mcgowan