Friday's rally has changed the dynamics somewhat in the near term, there is a good possibility of a rising trend towards the upper trend line. Our stance is long term bearish until proved otherwise, expect a rally of sorts into June at best.
Technicals are dynamic and morph, this long term bearish stance is valid, this tug of war will see the bear win out. We have minimum short exposure at present, the Dow fell over 1600 points since the beginning of May, this looked to have bottomed on Friday as we reported in our last idea before the rally.
Inflation is not going away, this catalyst will feed further rate rises which the Fed is happy about. They wish hyper inflation which will evaporate their obligations, we believe this will happen at some point.
The dog is chasing the tail on inflation, rates simply must be higher than the inflation rate to curtail this monster.
The masses are still asleep to what is transpiring in this world, they blindly flick through mindless channels of junk, programmed by years of "news" clueless to the coming storm. A world controlled and manipulated by a Freemason club that has had hundreds of years to manifest their dream...it's the end of the great cycle and they will take down as many as possible before their end, anything else is denial or wishful thinking.
Precious metals were weaker as expected this week, back up the truck. Gold is at support around US $1940....honest inflation adjusted from the 1980's and gold should be over $10,000 and silver $200 plus. Just keep accumulating and stacking God's money...it will never go to zero.
Appreciate a thumbs up...Good Trading & God Bless you all!
Technicals are dynamic and morph, this long term bearish stance is valid, this tug of war will see the bear win out. We have minimum short exposure at present, the Dow fell over 1600 points since the beginning of May, this looked to have bottomed on Friday as we reported in our last idea before the rally.
Inflation is not going away, this catalyst will feed further rate rises which the Fed is happy about. They wish hyper inflation which will evaporate their obligations, we believe this will happen at some point.
The dog is chasing the tail on inflation, rates simply must be higher than the inflation rate to curtail this monster.
The masses are still asleep to what is transpiring in this world, they blindly flick through mindless channels of junk, programmed by years of "news" clueless to the coming storm. A world controlled and manipulated by a Freemason club that has had hundreds of years to manifest their dream...it's the end of the great cycle and they will take down as many as possible before their end, anything else is denial or wishful thinking.
Precious metals were weaker as expected this week, back up the truck. Gold is at support around US $1940....honest inflation adjusted from the 1980's and gold should be over $10,000 and silver $200 plus. Just keep accumulating and stacking God's money...it will never go to zero.
Appreciate a thumbs up...Good Trading & God Bless you all!