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Post by jacksrbtr on Mar 3, 2016 15:35:46 GMT -5
I think that we are seeing the reality about China, when your people are earning $5 a day, it is hard to characterize the country as wealthy. On the plus side, the tools that they are shipping nowadays really are very good quality for the most part. I guess about China, they are not the engine for the world economy. They are sensitive to world demand, and they reflect scary deflation. But their recession does not have to become our recession. FUCK CHINA Its only a matter of time before theres a major conflict with them just like the Japanese the only question will it be with US or with Russia.
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Post by clinton on Mar 3, 2016 16:35:12 GMT -5
I guess about China, they are not the engine for the world economy. They are sensitive to world demand, and they reflect scary deflation. But their recession does not have to become our recession. FUCK CHINA Its only a matter of time before theres a major conflict with them just like the Japanese the only question will it be with US or with Russia.
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Post by huh on Mar 3, 2016 17:44:30 GMT -5
That was a textbook breakout in gold today. Bare minimum upside target ~1317-1320
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Post by huh on Mar 3, 2016 20:08:53 GMT -5
The support for that breakout in gold sits ~1247-1248. That's where the breakout backtest would occur..
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Post by Herceg on Mar 4, 2016 8:28:19 GMT -5
I guess about China, they are not the engine for the world economy. They are sensitive to world demand, and they reflect scary deflation. But their recession does not have to become our recession. FUCK CHINA Its only a matter of time before theres a major conflict with them just like the Japanese the only question will it be with US or with Russia. I read an article that China is selling steel below B/E prices cost $1.00 selling for $.90...............once they destroy all our mfg. in the states they will jack up prices to a minimum of $1.50.................we are "F"'d due to free trade and no tax or tariffs on outside countries............
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Post by walnut on Mar 4, 2016 8:34:33 GMT -5
I can't hardly stand to support con artist Trump, but he is the one who says that he will put an end to that stuff.
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Post by novie08 on Mar 4, 2016 9:41:33 GMT -5
The support for that breakout in gold sits ~1247-1248. That's where the breakout backtest would occur.. Spot made it to 1250.17 this morning. Does that count?
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Post by huh on Mar 4, 2016 9:57:48 GMT -5
The support for that breakout in gold sits ~1247-1248. That's where the breakout backtest would occur.. Spot made it to 1250.17 this morning. Does that count? It didn't get low enough for the backtest this morning, but I wonder if it didn't already backtest it when it broke out. I can't tell on the chart - the line I draw on the 5 hour chart moves when I zoom in to the shorter time frames.
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Post by jacksrbtr on Mar 4, 2016 10:10:01 GMT -5
FUCK CHINA Its only a matter of time before theres a major conflict with them just like the Japanese the only question will it be with US or with Russia. Russia i think will have to deal with them first - Chinese shear numbers will require them to expand northward into Russia.
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