If Fauci and the medical fascists continue to keep Trump buffaloed, a full blown police state is guaranteed by election day, complete with Bill Gates counting the votes and a heaping portion of extra gravy for him and his buddies.
That is not in the stock market yet, given with the pace of currency debasement being rolled out, many are wondering how prices will go down. The Fed, for example, is now bailing out municipalities to buy their continued cooperation.
Thing is though, the basic income that is supposed to be going to main street, it’s insufficient and slow, because the Fedsters know what would happen if it was generous, like the handouts provided to Wall Street, which are still somewhat self-sterilizing.
So ya, this could be some sort of larger wave down to test the March lows in stocks because the shorts have had enough (and the money printing is not enough considering the damage bureaucrats are perpetuating — see above); however the waves are suggestive more of the insanity (rising prices) should be expected after only moderate pullbacks. (for both stocks and PMs)
That is, for example, the HUI might pullback to test the 220 to 240 range, and then take another run at 280.
That is what the waves are saying, which must be respected.
And it makes sense because if Trump is now impotent (because he has been outwitted by Fauci et al), the money printing acceleration rates (as well as unsterilized universal basic income) will be on steroids if the crazy fascists take the election. (i.e. to counter the crash they create and maintain control.)
Cheers