I read that commentary on Kitco site, I almost liked his analysis, but .....he doesn't take into account the manipulation strongly enough for me.
If there's one single lesson I learned this year, is that this market is absolutely Totally rigged, and in Both directions.
I believe the 2016 "Rally" was manipulated and controlled,to go up as high as it did, and the subsequent collapsing pullback happening now is also rigged and controlled, and there really is no clear honest price action to trust. Theres really nothing that can really be called a real bottom or top . its all contrived. every step of the way. and there's no better proof than to see how and when this "pullback" we see now in metals and miners,began in early October when China went on market holiday, and then in November when they used the "Trump election" as the excuse to slam the metals and miners down again....its all just contrived theatre in a rigged game. Its a big realization to finally see the certainty of it.in 2016 ,as we saw this big rally, come collapsing right back down, proves it, and there really is no market any more, and then a month ago Jim Sinclair gives his proclamation saying it, that's when it hit home for me. that the price action is all contrived and rigged,beyond the charting ability to analyze charts, or any contrived "reasons" spun by the phony lying media... its over. just like Sinclair says.
