Stocks And Precious Metals Charts - Elevated Economic Hazards - Comex Option Expiry Thursday

Stocks were soaring higher as Alphabet, the stock formerly known as Google, put in some good results, sending the FANGs soaring.

But tech faded and turned around, just managing to finish unchanged.

There will be a Comex gold option expiration on Thursday the 26^th.

We are in the thick of earnings season now, and individual results are sending some stocks soaring or plunging.

The IMF estimates that the US Dollar is overvalued from 8 to 16 percent.

I think gold expressed in dollars is undervalued by from 60 to 100 percent.

Let's see how the reversions to the means go.

There was intraday commentary regarding the dangers of the derivatives markets to the Too-Big-To-Fail boys here.

It's probably early days, but now might be the time to start taking precautions against a 2008 class event in the financial markets. I would suggest it might arrive anytime between now and July 2020. 

These sorts of things depend on the magnitude of any 'trigger event,' which is why it is so difficult to forecast with regard to specific dates.

As time goes on the required force for a market moving event decreases until it takes very little to set that ball in motion.

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