RE: Market Collapse ScenarioInteresting logic,
HOWEVER,
The
piggy bank was never shut off...
(read this little update from Zero Hedge re: the FED's balance sheet)
https://www.zerohedge.com/article/federal-reserve-balance-sheet-update-week-january-21-23-trillion-rolling-record-highs
It would seem that the FED is going to be purchasing more GARBAGE well into March...
the little variations in the DXY are meaningless...
the PoG is being manipulated (mostly by JP Morgan)
As someone pointed out earlier, there have been clear points of
decoupling between the DXY and PoG...
And we will see those moments become more prevalent as US Debt Monetization continues...
This presumes that demand for Long Gold Contracts will continue to increase pushing the SHORTS to the edge of their FAKE attempts to drive the price down...
The only stat that seems to be good is the Shadow Stats M3 estimate which is slowly going down...
but M1 and M2 continue to rise, and as such, the US Buck is getting
diluted...
https://www.shadowstats.com/alternate_data/money-supply-charts
Today's moves on the markets seem to be more of a
protest to Obama's speech regarding the brokerages posing as banks...
But the US$ does not DESERVE to be higher by any stretch of the imagination...