Loading ...Let’s get real. The Chinese markets might crater, the world stock markets might crater, but that money has to go somewhere right?
It will come here to the most stable markets in the world, hence the US markets will rise. Some of the dumb money will run to the Crimex thinking Gold will rise and buy some long futures, hence gold will either go down or go nowhere. Maybe they’ll buy GLD and get fleeced by the options players.
The USD will go up because every other currency on the planet is worse garbage than we have. Money will flood into the bond markets because US government debt is sooo safe, hence rates will decline causing the US stock market to rise even further.
The PPT will watch all this happen and with any hint of major selling coming into the stock market, they will offset by buying futures and/or recruiting foreign entities to buy US stocks.
This is one big shell game which isn’t going to change anytime soon. I thought this year might be different but with infinite prining and resources, this can go on well past my lifetime.