Loading ...“Today may be “the” high for the bounce in gold with stock markets showing perhaps tomorrow.”–does he mean stocks make a high tomorrow then fall? Typical newsletter crypto-speech so that he will always be right.
Panic Cycles
Keep in mind that a Panic Cycle is NORMALLYsomething that takes out the previous session HIGH and LOW. Sometimes, it can be just a big move in one direction. But that does not appear to be the case for this week. This suggests that caution is advisable.
Avoiding the sell signal in the Dow on Friday and electing a buy signal in gold, warned that a bounce was in order. Remember that we are not yet at that place where the general shift will take place when people suddenly wake up and see this coronavirus for the nonsense it has been created to divert our attention. This remains a major assault of a coalition of Climate Change & Socialists pushing for digital currencies and a major default in Sovereign Debt Crisis cleverly being pitched behind the curtain. This is the Monetary Crisis Cycle on Steroids.
Today may be “the” high for the bounce in gold with stock markets showing perhaps tomorrow. If Gold exceeds today’s high, then it could move up into Thursday, else Thursday could be a low closing below the lows of today.