Founders: Tuesday-Update
March 21
Founders Daily Content Update:
Good morning. As promised, Michael Moor’s morning technical report excerpt/ video will be made available to Founders for no extra cost. From now on there will be 1 Founders post containing the following:
Special metals/oil/macro research when available
Current Day’s Gold levels
Previous or current day’s video (depending on Micheal’s post time)
Previous or current day’s Oil levels (ibid)
Any risk we have on and rationale
The choice between sending data in 2 Founders emails vs. sending one with some previous day's data was made by noting levels do not change much on normal days. But if there is a huge opening call, we will send a special email with updated data anyway. We send what we use.
Price Change:
Currently $300 per year. Will be going up to $450 per year next Monday. We’ve striven to do everything to make being a Founder worthwhile and hope it shows. You all also are grandfathered in at your first price purchased.
***If you know someone who may be interested, tell them. Next Monday it goes up. This is how we keep adding good content. It is how the handful of you helped us start GoldFix***
Tx and enjoy
VBL
Risk On: our trades.. not your trades!
We are long Gold, Short Bonds GLD/TLT spread in a a very macro (6 month) type play. We won’t keep reminding you of this unless it’s decision time. The core reason is we feel strongly the back end of the curve has to rise especially if they stop hiking. Call it the Zoltan play. He said either they keep raising rates (they can’t without bailouts) or they let long term yields rise. We understand this concept and are comfy doing it, but admit it is a little outside our core tactical skill. Also: he said that in April 2022. So he could be very early/wrong. He’s no Michael Hartnett with his calls, but after what Japan has done and the fdic bank rescue, we think curve steepening (uninversion) happens eventually and harshly. And as long as we hedge geopolitical/financial crisis risk by being long gold, we will stomach the good old fashioned deflation risk-which would kill gold and pump bonds. We also do think there may not “ever” be classic QE again (they won’t admit it anyway) . But there will be YCC which is controlled QE to stop yields from going up too much too fast. (Who knows right?) Rereading this.. we should just be short stocks maybe? Lol.
Just BT Small Oil Today: Why: Goldman muppet analysis flipped to bearish (curie didn’t yet) after a selloff (they are buying now), The SPR buy-in level was hit and bounced (word is they bought some on the reentry from below it), Brynne Kelly says the cracks are looking too good to short, and the banking crisis, despite the volatility, ended yesterday. All that remains is for OPEC to say “FU!”
We’re going to use Michael’s levels for profits and stop losses
Bt an ATM/30delta put spread in Gold Yesterday - tiny- another “bank crisis averted” trade. Unrelated to #1