A week which initially saw the Dow dump on Thursday and reverse and rise on Friday with lighter volume. No conviction either way...there cannot be any further rally with rates rising and tightening money supply, no matter what bogus media spin is leaked.
The collapse of FTX reeks of a collaborated and designed spook out of Crypto's. They are now high risk assets and not worth any dip buying opportunity. Central banks want total control through surveillance of everything...Crypto's are a menace to this goal. We have advocated PM's for years, private, safer and true money.
This collapse reeks of a deliberate setup and those in FTX knew how to design this blowup.
We repeat, get gold and silver physically before the taps run dry.
34,000 is holding...stay short, either the bulls recognise their will be no Fed reverse or some external event floors these markets.
Technicals tell us that of probabilities, manipulation can only go so far. Any honest neutral would tell their Granny to bet against this facade.
All the shenanigans and goosing is a world of theatre...trust is obliterated. Don't be part of their designed new order, say no to digital payments...use cash as much as possible.
Be the solution and not the future problem...surveilled and controlled is what they desire, we are more than halfway, convenience is their only plus...the rest is totalitarian nightmares for those awake.
Hold the line, keep positioned and let's see what this week transpires.
Appreciate a thumbs up...Good Trading & God Bless!
The collapse of FTX reeks of a collaborated and designed spook out of Crypto's. They are now high risk assets and not worth any dip buying opportunity. Central banks want total control through surveillance of everything...Crypto's are a menace to this goal. We have advocated PM's for years, private, safer and true money.
This collapse reeks of a deliberate setup and those in FTX knew how to design this blowup.
We repeat, get gold and silver physically before the taps run dry.
34,000 is holding...stay short, either the bulls recognise their will be no Fed reverse or some external event floors these markets.
Technicals tell us that of probabilities, manipulation can only go so far. Any honest neutral would tell their Granny to bet against this facade.
All the shenanigans and goosing is a world of theatre...trust is obliterated. Don't be part of their designed new order, say no to digital payments...use cash as much as possible.
Be the solution and not the future problem...surveilled and controlled is what they desire, we are more than halfway, convenience is their only plus...the rest is totalitarian nightmares for those awake.
Hold the line, keep positioned and let's see what this week transpires.
Appreciate a thumbs up...Good Trading & God Bless!
Expect a reversal after the holiday!