Housekeeping: There will be no Founders class next Sunday. Therefore we did a huge podcast with a lot of content for Technical traders, Metals traders, and students of markets. Enjoy! - VBL
Podcast Slides and Preview HERE
Technical Trading: Triple Top Formations
“Triple Tops are made to be broken”. Why?
Starts 0:33
Triple Top (weak) and Double top (strong) formations
Why their perceived as they are
How they are formed
Whales, Sharks, and Piranha traders create the formations
Some ways to trade them
London/US Backwardation means there is physical buying and paper selling
Using Gold & Silver Spot to prompt Comex Backwardation as Oversold/Overbought Indicators
Starts 19:30
London Spot versus Comex futures
Why does backwardation happen in a huge selloff?
Why does contango steepen in a big rally?
Backwardation after selloffs, Steep contango after rallies
Bank flows and EFP arbitrage
How a bottom forms from this
Understanding Physical orders and Bank “leans”
Block trades: Wholesale versus retail executions
The ways they can resolve
Question: What can create a Real Gold (temporary) short squeeze?
Starts 43:30
Central Bank Behavior between 1987 and Covid
Historic perspective
Central Bank breaks ranks, France 1971
Bifurcation of Banking East/West
Question: What would happen if we overnight went back on the Gold Standard?
Starts 48:20
Money supply to Gold price
Government reaction to mute the effect of this
Have your physical
Gold bugs are right
The Role of Comex and western exchanges
Why would we do that?
Gold War: BRICS New Money and West BW3 retaliation
Ruble strength
Brazil arbitrage as example
The Gold black market
Why Silver goes through the roof
Question: CBDC, physical metal, Digital money future
Starts 57:05
Events as sign posts of change
Abolish cash, use CBDC
Why you buy when you can, not when you have to
Wear your wealth- China
Korean immigration to USA
CTA Positoning and Behavior in Copper, Gold, and Silver
Starts 1:04:30- Ends 1:17:00
CoT Analysis
Starts 1:17:30
Gold, Silver, and Spreads weekly analysis
Long funds reduced and short funds added = same OI but more shorts
Short commercials reduced and Long commercials added = Same OI but less shorts
Tehcnical issues, reconnects 1:24:00
Spread comment: Banks closing Oi and using exchange?
1:29:00 Silver quick comment
Technical Overview of Moor Reports
Starts 1:33
Gold, Nat Gas, and Oil levels from Friday
A little Geo-pol oil comment
Reports courtesy Moor Analytics
Addendum:
Gold in different time zones and watching the market
Technical difficulty again End
Full Founders Archives HERE
Five Popular Classes
Bonus: a Rare ( these days) genuine Tesla buy recommendation?
