Market Wrap – A Major Move Into Risk Off Assets
Chris Temple joins me to share his thoughts on the major move we saw today with money focusing on risk off assets. Yields continue to fall around the world and in the US the 3month/10 year spread inverted for the first time since 2007. The question now everyone is left with over the weekend is just how far markets will pullback when we start next week.
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Mueller Time is Over… It’s ok Libs. Everybody Hurts… Sometimes.
https://www.youtube.com/watch?time_continue=32&v=5EFaWdme570
A.B says.
The talk is that Russia and China have increased gold reserves dramatically over the last few years and dumped US treasuries over the last two years.
There is no way the powers to be in the USA will allow gold to have a dramatic rise in price and risk the debt free Russian economy surging while the debt laden US economy moves down, this would be a shift in power that I feel the US will try to stop at all costs, paper gold has been and will be the method to keep gold suppressed so the US stays on top. The politics is way more important than the charts these days, central banks and the powers that are can overload the comex with sell orders any time they like to keep gold down specifically for geopolitical reasons.
Starting to think M. Armstrong could be right in thinking the Dow could go to 40,000 while gold goes down, this would keep the Ruskies in struggle street, exactly where the US needs them to be. Scary stuff.
http://quotes.goldseek.com/charts/palladium/5day.php
Lookong at the above link for palladium on a 5 day chart, can someone explain the massive plunge undertaken at the beginning of the week? I did not hear any news of this prior to pulling up this chart. Maybe its a glitch associated with goldseek?
Look at what that Jew b@stard Ari Feischer is saying now…trying to re-write a lie as truth…that f’ing POS.
https://news.yahoo.com/ari-fleischer-iraq-war-anniversary-defense-lies-182934360.html
You are an ignorant hateful bastard
Cory,
The next time you and Chris go to that restaurant in Vancouver bring big doggy bags for leftovers!
Get ready to be unemployed.
If at end of day /ES below 2800 and vix above 17.88 i go short…XLF finance etf looks panicked horrible…banks know something?,,,good luck traders…this looks a lot like november of 2018
/ES…does 30 minute chart now retrace over 50% and form a gartley sell…..possibly
Of course,……it’s a friday evenin, as the Mueller Report is completed and the leaks begin…..
https://youtu.be/YhvQMp-2WD8