Loading ...You are absolutely right about the algos.
One must consider, Larry Fink sits on the board of the WEF.
You can bet Blackrock’s algos are programmed to buy tech stocks and sell PM’s.
They want the stocks of their friends, Gates, Soros, Zuck, etc higher to reward them for their efforts of bribery, fraud, and theft (and murder).
What they are doing in the stock market is fraud and theft.
It can’t last forever but considering this is the grand super-cycle bubble, it will assuredly go on for longer than most can handle the pain.
Liquidity is drying up so any accumulation in PM stocks at this point should be measured because next year, at least at the beginning, even with tax loss selling done, the broads could still take everything with them to the downside initially.
Too many so-called expert speculators have a pant-load of idiots duped into these stocks right now and are getting their heads handed to them – and the broads are still buoyant. (Not the equal weighted indexes – I know that.)
What’s going to happen when they turn lower?
What if gold and silver crash too? That’s what they did in 2000 and 2008 initially.
That’s what the bankers and WEF want – to scare people out of their positions permanently (please buy Bitcon instead) and impoverish them.
They are winning at this point.
Have a nice day.