Markets finished the week on a rebound after bouncing off our trendline. Although we are very bearish on markets, we stay neutral until this theatre has finished. If short, you don't have long to wait until the surprise unfolds..a few more percent.
We have talked about world affairs and socionomic behaviours the past year or so. Sometimes we get a glimpse into what really unfolding and other times it's downright obvious.
A company named Palantir who produce high tech spy software technologies for the government and military have this month purchased $51 Million of gold bars. These are physical bars and are available at anytime within reasonable request. Why would such a company directly involved within government and military circles, covertly selling spy tools, be investing in not ETF's or such...but solid, physical gold?
Do they know of something on the inside...something akin to a black swan event?
The recent Taliban show and the emotional reaction around the world this week is another example of distraction and distortion by the media. The opium capital of the world and heroin machine cannot be destroyed, never mind the laundering of E.U and U.S tax bases to cease. An endless illusionary war, full of racketeering and illicit trade.
Also worth noting is that no market crash has occurred the past 30 years or so without a Hindenburg omen. We have this in August now and wait for the higher than normal chance of this occurring from now through November.
So we are pretty close to a short opportunity, the last leg up on vapours. Around the 36,000 mark should end this multi decade run....you should be exiting all longs now and get out.
Our precious metals have been poor the past 12 months and it's difficult to see how they can rally hard if the Dow collapses as liquidation/margin calls explode. Whatever is in the making for this gold and silver rally, it looks more like some major catalyst event so severe that the metals are just panic bought!
Stock up on essentials, cash and PM's...we are in for a shock.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.