Smelling a Fiscal Blowout, Gold Starts to Warm

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  • Stanley J. Seneca Jun 17, 2019 @ 9:05

    Major markets that are inverse towards the INDU/SPX had all bottom at the 4/23/20019 stock market highs.

    The analog towards the CL market places an important ‘spring ‘ (buy point) at last week low point. Damaging this level will see another leg lower in the market and the analog towards the stock market may get even worst.

    These markets now as the stock market had risen towards their 20 trading ‘week’ break out levels on the buy side. Have INDU/SPX markets losing such a correlation and at the worst possible time, such cases create ‘traps’ towards the large degree.

    The months and years of under currents are roaring their heads high now, persons are just observing what they have been taught and lead to observe.

    Would one image a world, ‘just for a time in history’ of absolutely ‘no trade at all between all and any nation’. Think it cannot happen? It would be extreme but that’s what ‘extreme’ human behavior creates.

    Corn may be the ‘tell, 1 million beef kill off, and massive Pig death; in all this, as for a 1st the planting season has not taken place (extreme) and could very shortly force persons thinking in a totally independent thinking pattern towards ones nation.

    Have a great day Rick.