Very nice article.
Glad for those who got the recent *$2.00 low of HL and rode the up price today.
I am out of HL right now on sidelines.
I do not trust in a new uplift to gold prices, and foresee a trap waiting.
The commodity train cannot (in my personal view only), be depended on . . . as Russian moves will influence, the coming months.
Inflation and stock buy-backs . . . an economy do not make.
The more folks move into ETFs, the surer 'a bet' that there might soon be rolling sector crashes.
We should all hope (and pray) the author of your posted artl. is correct . . . and the big Boys keep to the plan of inflating the stock market with electronic cash 'donations'. . . from us retail investors retirement plans.
Just as side thought . . . everyone is proclaiming the Chinese are stupid and have over-build their 'empty cities'. But those cities are guarded and they represent a tangible physical asset of geo-political value. In a natural disaster or war time situation . . . the Chinese now have a ready reverse of new cities.
Buffet bot the BNSF rail company (not the stock), why?
His answer: if things go to hell in the market . . . I OWN a tangible asset that is absolutely necessary to transport energy and consumer goods and food.
In the same way . . . the Chinese have a workable capital investment, if the world economy implodes and T-Bills and their interest payments becomes mere bond fire paper dreams. They are also stockpiling minerals and energy.
What is our USA stockpiling . . . trashed cities and wasting workforce and DEBT.
Our wise leaders have exported the USA Middle Class (as wealth creator and holder) . . . to where?
Russia is leaving behind its EU joint alliance desires . . . and turning East . . . and forming a new bloc. Russia is also joining with Turkey and pulling them slowly
into a partnership that spells danger for USA ME plans?
Lets see if the charts do indeed foretell the Golden Cross.
The 200-Day Average can always keep falling.
