Japan enters recession again...stock market soars....Proof that nothing matters except central banks and their printing presses. Japan and Germany should be in the tank but like the US their markets are soaring on the hope of massive and continuing money printing by their respective central planners.
They claim that the US economy is fantastic....BS! If the #3 and #4 and #2 economies in the world are in recession, the US is too. It's only the leftover stimmies and massive government deficits that have given the illusion of a great economy
You should see today the whole thing hit the wall. Jobless claims and retail sales should be eye opening. I wouldn't guess which way the "market" will react but gold almost certainly will cop a nice move higher
It's only when not if the FED chooses to inflate again to "save" the debt bloated system. They can do nothing else. It will have terrible consequences but Gold won't be one of them that's for sure
Good day trade set up in pre market if you do these kinds of things. NUGT or JNUG could have a big day or two if I'm right. Will obviously be good for all beat down miners especially the viable ones like TLG and SKE
I wasn't impressed with Hecla earnings so dumped that trade. It will probably go up with the group today but I'm not interested anymore....will buy another 2500 TLG and 200 SKE which I started accumulating at $4 US