#bitcoin continuing to hold the 50day MA. I place I like to buy commodities on the pull back.
In #australia the blind leading the blind. The central banks remit to be shifted with a seperate board to decide interest rates.
New expert RBA board to shake-up rates debate and challenge Lowe
Very rarely do the past bull markets leading names lead the next push higher. In the case of #tesla it remains in clear Stage 4 decline and will likely need 2-5 years minimum of right side to reset
#bitcoin now coming into the 50day. My preferred place to buy commodities is rising uptrends View quoted note β†’
If you want to see evidence of the corruption that takes place from Government overreach look no further than the NDIS.
Bill Shorten says NDIS has β€˜lost its way’
Interest rates: The Federal Reserve’s β€˜grotesque’ QE will force rates below 2pc in a year, says Virmal Gor
The original non alcoholic beer #GOAT #beerstr image
My thesis has been that we are about to enter a multi year hard asset bull market. #gold and #bitcoin playable. The bitcoin community has often treated the gold community as an enemy. This should be avoided. The #gold bull market will transition more investors to #bitcoin as people understand the role of hard money in a portfolio and the superior characteristics of bitcoin compared to gold. My rule for trading commodities: 1. Commodity leads (we are already seeing this in BTC and Gold) 2. Find the key market leaders. For gold in Australia these are BGL and DEG. Larger names include RMS 3. Incentives increase for miners with broad participation in the bull market (GDX and GDXJ in gold and bitcoin minors) still have a lot of right side building on their charts. The miners time will come. 4. Broad retail participation in Gold speculative stocks and spot price leading to price climax. My rule is to always buy commodities on pullbacks not strength like momentum names. The 20 and 50 day are your best friend. This will be a once in a generation bull. Sit back, enjoy, learn and be humble.
$BGL a name I like on the Australian market. #gold name with a multi year base and institutional support Running up to old highs here and extended on the daily with gold pulling in. Pull backs to the 20day buyable image
I gave up alcohol a few months ago and am now on a mission to find the best non alcohol beer. #beerstr My current favourite: Brewdog Nanny state image