Founders Class: Sterilized Quantitative Easing
Plus Paulson's 2011 Gold Play
Morning Market Rundown
Good Morning. The Dollar Index is unchanged. Bonds are slightly higher. Stocks are on the plus side of unchanged. Gold is up $9.00 as we write this and Silver is up 21 cents. Oil is stronger by 40 cents and Natural Gas is up almost 3%. Crypto is much weaker with Alts leading the way, Ethereum down 6% right now, and Bitcoin down almost 5%. (Special mention of Micheal Moor’s BTC technicals. Yesterday’s podcast outlined his levels, and they worked nicely.)
GoldFix Podcast
Market dynamics and “buy season” in full swing- Run time 6:18
Bitcoin Podcast
Technical breakdown and End of Year rotations- Run time 3:28
Guidance
U.S. consumers will get a health check with this morning, with an expected acceleration in headline retail sales. Core growth, stripping out auto and gas sales, is forecast to remain unchanged at 0.7% from a month earlier. Investors will also get an update on the supply side of the retail equation when Walmart Inc. and Home Depot Inc. report earnings today. Analysts will be paying close attention to any signs of margins being hit by supply-chain issues.-Bloomberg
Zen Moment
Hot pants are back
Founders Class: Sterilized Quantitative Easing
The following is a recording of a Founders Class. Founders can attend live classes on Sundays 3 p.m. to 5 p.m., with full access. Recordings are available afterwards for their use.
Topic: GoldFix-Capital Mkts and Mock Trading- Sterilized QE
Date: Sep 5, 2021 02:53 PM Eastern Time (US and Canada)
Meeting Recording: https://us02web.zoom.us/rec/share/MXPRkDwEQ3JAQ8ifRtuq_GpseBlRi_OlLhAfKTL766QewbD4BpgND7cpaPsKhPb0.EYRkK0oCZOYNlfQd
PASSCODE REQUIRED: INCLUDED BELOW THE SCREEN CAPS
Access Passcode: INCLUDED BELOW THE SCREEN CAPS
Topics:
QE- quick overview
Sterilized Money Printing
RRP
Paulson’s Gold Bet and Options trades
Mock Trading
Open Interest and Volumes for trading
Note: This class was almost 3 hours long. The last 2:15 was recorded
White Board Discussion Screens
Shared screen “chalk board” Visual Aides
Markets
John Paulson Admits He Messed Up
Using Volume and Open Interest to understand price behavior
