MARKETS,Anybody even yet?

[FAA]

I was -0.5% today, losing half of last week's gains. I just instructed another sell off. I cannot afford another -3%+ month. It simply cannot occur. I will be much more proactive and aggressive this month. This disaster will continue until at least November. If I have to call in sell offs twice a week, I'll do it.

[dinghy]

This is embarrassing.

Yesterday I bought two slugs of NGD, then after hours the company warned on profits.



Reduced production due to flooding at ... wait for it ... the Rainy River mine.

I feel like there may have been an inherent clue I overlooked.

Yes, I'm buying more. Stock is now -25% this morning, and -60% since April.

[FAA]

Old wine in new bottles. Might as well buy more at this point. How much worse can it get? In for a penny, in for a pound. Doing your own Dollar Cost Averaging. There's not much to it at all.

[dinghy]

Doing your own Dollar Cost Averaging.

Yes. My trades are commission-free, so I can transact smaller and more frequently without penalty, other than a lengthier tax return.

This company has insider buying and a long runway for its balance sheet, but costs are rising uncomfortably while the gold price is retracting. NGD is one of my higher risk holdings.

[olds442jetaway]

I was only up .04 percent today so might as well say even. Inflation numbers due out Wednesday morning at 8:30. They are expecting 8.8. May was 8.6. If it comes in much higher than 8.8, all hell will break lose in the market.

[dinghy]

If it comes in much higher than 8.8, all hell will break lose in the market.

I don't know. I saw one of the White House interns got a sneak peek and announced the number would be "highly elevated." So markets already have some warning.

I'm rarely very confident of how markets will react to a number. Sometimes the computer algos lurch one direction, but then everything swings the other way after the humans have time to react.

I'll be logged in with my buy orders ready at 8:30 Eastern.

[dinghy]

I don't know.

Good call, olds!

CPI +9.1%, stocks -2% on the news.

It's hard to buy in the pre-market because of the wide bid-ask spreads. So far I've added two servings of GDX at 26 and a little below. It's moving up now, but we should get another burst of volatility after 9:30.

[olds442jetaway]

Well so far, I’m not even for the day There is an extremely interesting article on the Internet it came up when I clicked on my Yahoo finance icon on how Paul Volcker ended inflation back around 1981. Unfortunately, he had to force a recession. The Fed interest rates went to 13% and then 14 than 20. . I think if you type in is a keyword vox And a couple of words like inflation and Paul Volcker the articles should come right up.

[olds442jetaway]

The bank of Canada just raised its interest rate a full percentage point and they said definitely more to follow.

[dinghy]

The Fed is lagging Canada by about 2 weeks. Meanwhile the Eurozone and Japan are still negative.

TLT rebounded almost 3% off the low today as it seemed to shift focus from this month's rate hike to next year's rate cuts.