Loading ...It’s not what is happening right now … next week is the worry.
Not only are the holidays a worry … but after that … it should be recognized the Chinese government has to clean up their corrupt retail market … not to mention they are blocking retail trade in order to stabilize prices … they like the cheap silver too.
Bitcon has a counter rally in the works that will last weeks … possibly more than a month … so the algos will constantly try to rally stocks … you are seeing that today … but they don’t let them run because that would bring a bid back into PMs.
Ultimately the bitcon rally will be over and it will be heading to 25K into the spring … myself … that’s the move one needs to be aware of because everything else will follow. … so it looks like Marty might be right … at least right now.
I would be careful thinking March is going to be puppy dogs and fairy tales for PMs … as the bankers are not going down without a fight … where they have a tendency to pull a bunch of a commodity out of their butt when needed.
They know the retail trade is positioned for a good March.
Such setups rarely turn out as planned because they are master manipulators with all the necessary tools … with the exception of the metals ultimately … because they can’t print them.
That’s why they will need to bring war back into the picture by April … because they will need to print … and commodities will react … as deflation signals in stocks (after the bitcon rally fizzles) trigger rapidly increasing currency(s) debasement on tap.
Mornin all