Recent content by FireWalker

Exactly right. Anything of value can be conveyed. What is more liquid is more efficient (lower transaction costs). Promise Language. All transactions are promises to deliver value. I agree. Currency is central bank issued paper. Gold is value or wealth. Silver is value or wealth. Time...

T/A, T&A, tits and ass. Chasing down. Guys who will do anything for that are the problem. Peter dick *****. Bored. Obvious. You know... it's kind of like when a girl gets pregnant. The fastest and strongest sperm reach the ovum first. However, the ovum chooses. There are times that the...

Fundamentals always rule.

The Federal Reserve is basically a check kiting operation. Since at least 1971, the Fed writes a check to the Treasury in exchange for a bond. The Treasury deposits the check and spends it (inflation). The Fed then sells that 100k bond for 140k making an instant 40%. More going on there because...

US Treasuries The Federal Reserve is basically a check kiting operation. Since at least 1971, the Fed writes a check to the Treasury in exchange for a bond. The Treasury deposits the check and spends it (inflation). The Fed then sells that 100k bond for 140k making an instant 40%. More...

Gold is a form of wealth that cannot be printed or created. It can be mined, however that comes at a cost. The more that is mined, the harder it is to find more. Since it cannot be created, the best of all traders frequently use it to settle debts or payments. I don't call that a currency...

I agree. dbphoenix is very good to review. Basically, price action is the movement of price with volume only. Chart patterns are more reliable when accompanied by volume. dbphoenix frequently said "look left". That's your support and resistance. Trendlines might point out where that left...