An Inflection Point in the Markets?I noticed that Roy Sebag on Twitter calls today as the start of the US Bear Market with the Dow breaking down through its 200 day moving average.
Gold now seems to be heading quickly for its bottom as measured in US dollars.
is this the point where things go wonky? Do we now see the Dow begin a long decline (its down some 700 points from its high already)? And conversely, do we soon see a new bull market begin in gold?
i sense that this fall will be turbulant. If so, BitGold may be seen as a "safe harbour" in a nasty storm.