Loading ...Well, I guess we’re in a much bigger correction as the Adens said then. $4650 was zero support. This is the only sector in the markets that does this stuff and the problem with these kind of collapses is that people sell and never touch it again. Why would they.
If we experienced normal corrections, we’d have a much more investible sector, but what out there goes up and then continually collapses? Nothing.
This is only an investment FOR a collapse of currency. That’s it. Although, I think we’re in luck this time. Trump’s brilliance will cause the collapse of the US and the dollar. I think Macron is right, we (the dollar) are going to be isolated, and then trashed.
To me, the picture is becoming more clear on at least how I think this all ends. By the time gold goes to the moon, it will still be worthless to us because we won’t have a country to spend it in.
I’m going to take a break guys, I don’t see any reason to watch and comment on this stuff anymore for a while. I’m not selling anything anyway, so what’s the point?
Watch for China to move on Taiwan, we are too stretched to defend them. Iran has shown that our aircraft carriers no longer rule the seas, because of missiles and drones and have been pulled back 1000 kilometers from the action. They’re surely not going to be able to defend the Taiwan strait.