Loading ...The stock market is NOT going to crash for the very same reason as your correct call on the treasuries, and the enormous amount of specs short treasuries. Rates have topped, the dollar has topped.
Now, many individual stocks have already crashed, but the indexes will not. The mega caps will continue to get bigger. That’s what we’re seeing today, the BEGINNING of a new bull market.
Gold and silver and the shares should also be soaring for the same reason. They aren’t, for the obvious reason that they are manipulated. The only thing that matters is air (Bitcoin) and paper (the dollar and stocks).
It does not matter if central banks are buying, both metals have plenty of supply, just check out your dealer’s inventory.
At some point, reality needs to set in. The dollar reigns supreme, and that’s not going to change. Rates will go where they need to go to service government debt, and they’ve peaked. All of this is wildly bullish for pm’s, but it’s not, and never will be because paper controls the price of the real stuff, plain and simple.
I have no doubt that we’ll get a 5% rally here and there, maybe 10 or 20 in silver, but there is never going to be a moonshot, and the shares will never have a price that’s high enough for them to be worth investing in.
It is a shame, but that is the reality we live in. I’m tired of the fantasy, it’s all bullshit.
I’m going to check out for awhile and reassess things. Time to live in reality.