I did try and warn those holding a few weeks ago that the support ~16 was precariously close to being wiped. Never listen to fairy tales uprampers and their conflated macro perspectives. Asset comes 1st, 1st and 1st.... then you can overlay macro momentum to get a sense of direction and longevity.
Here's a macro view to keep in mind. The FED are moping up the excess M2 money for the first time in a very long while.
This means there will be dollar shortages for over valued assets and countries are going to be clambering for USD, which is why it continues in a strong weekly uptrend. Strong USD = weak PMs and commodities. Won't last forever, but who wants to hold a losing asset for years
Ann: Sorby Hills Progress Update, page-30
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