and GROUNHOG DAY Combined ?
Obviously if your NOT in denial, you know this cannot end well, no matter how much the so-called "Monetary Authorities" keep queering up the money supply, digitally, or thru debt issuance or otherwise. The question popped up " Is there an edict that the Non-PM stock markets will keep ramping until the US Election?"
To which I'd tell people to look around at all the new jobs and new cars. What, lots of new cars, on loans at any cost, but no new jobs ? How does that work ?
I think you lower lending standards to the point where they are effecually non-existant. Jobs, well it seems to evade our so august "Monetary Authorities" how jobs actually come about, actual jobs, not reported jobs.
I think this charade has gone on so far, that the term "Conflict of Interest" has been so egrediously exceeded in size and scope that most of the awake working class has turned a blind eye to the massive corruption extent, as long as they can keep food on the table, a roof overhead, a vehicle on the road, fuelled. That may explain the massive appeal TRUMP is finding, people desparate for a real explaination, and a possible way to resolve what they see the Western world de-evolving into a true Hell~Hole for working families.
Lets use just one chart to illustrate more clearly another seeming conflict.
Most striking is the UP BULL CHANNEL of the Major Gold Stock ETF, GDX !!
Proceeding like a raging housefire, it shows classic Bull Market qualities including corrections. Above it in both Green and Blue depictions are the
1/(in Green and Brown) Speed and Acceleration graph for the PRICE of GDX.
2/(in Slate Blue), a Speed and Acceleration graph of the MONEY going to GDX;
Both Completely and directly opposed to each other !!! Not an iota of possible doubt. Why do I even care ?
Well as you and I have noted over the years, the Agents of The Powers That Be (TPTB) joyfully engage the surpression of GOLD prices as the tenure of their bosses depends on the ability to to baffle the masses with BS when it comes to finanical truths, so their loot of econonomies can stretch into the sunset without their necks also being stretched. Thus you need not suspect manipulation when these prices go UP, as all the pressue against them is DOWN.
Today and this weeks doward pressure on the GDX price takes place at a time when the funds flowing INTO it are rising. What that means is that a natural pullback is taking place, being steeper were not funds flowing into GDX. What that means, is when this correction runs its natural course, the upswing of GDX will again resume in whatever measure and power is appropriate. BOTTOM LINE SHORT ANSWER. Gold Stocks are being bought and held as Gold Backed Assets during both their up's and down's as the huge uptrend channel witnesses.
Bottom Line = We are in a Primary Bull Market for Gold and its related stocks.
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