Stocks And Precious Metals Charts - A Classic 'Pop And Flop'
Stocks did a classic 'pop and flop' today as the intoxication of a ceasefire begins to subside into reality.
Gold and silver managed to hold their ground, and even gain some ground back.
The Dollar continued its slide, and gave up the 98 handle.
VIX is now signalling that a trend change may be near.
The further one gets away from the natural trendline, the more power and force it requires to sustain a market manipulation.
And this is why all bubbles and manipulation pools eventually fail.
The longer they press on from the mean, the worse the eventual correction will become.
The bubbles are underpinned by vapor.
And so a reckoning may be in the card.
Will it be the 'final collapse' or just another setback in the process of wealth transferral?
Only time will tell, since the nature and scope of the 'trigger event' will greatly influence this outcome.
As it was in 2002 and 2008, so it will be again. Most did not believe it, they did not see it then.
Have a pleasant evening.
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