Post by
crazytimes on Apr 12, 2024 2:03pm
UNDERLYING MARKET ACTING VERY STRANGE!!!
Just look at the CAD, EURO etc all tanking daily, with huge flight to US Dollar and gold rising at the same time. Unheard of. Yields starting to rise again also. People going to cash? . Either this is a giant options trade in the metals market gone haywire, and soon to dramatically unwind, or the US dollar has to sell off, or someone is sure some black swan event is coming, before the rest of the market knows whats really up. Generally when things don't make sense, like the highly unusual contradictory market right now, it's because we are missing information yet to be revealed. Just my opinion.
Comment by
Lifexprt on Apr 12, 2024 2:17pm
I would agree Bank crisis, currency crisis or geopolitical crisis
Comment by
crazytimes on Apr 12, 2024 2:37pm
Hi Life.... I am taking profits, and raising cash everywhere I can right now and getting ready for whatever! lol. (PS: when you do your calculations to the upside, also don't forget to take into account what Alamos was trading at only about a month ago!) Just my opinion. Good luck.