On a previous post I alluded to an analogy of the markets gyrating wildly like a spinning top which is running out of momentum.
This is even more apt now than when I first wrote it. The gyrations are becoming more pronounced and as is evident from the last few days, the swings are getting bigger.
If we see another big loss in the US markets tonight I am calling it.
Keep an eye on the US bond markets.
If the PPT and central banks can't contain this tonight then that means a total loss of confidence. With a loss of confidence comes a sinking market, things like margin calls and big time downward price pressures.
Sure Gold and Silver got rammed last night but I have no fear whatsoever because they are going to rise in price. Those of us who have prepared for this moment will benefit from having foresight and the conviction to apply resources to this possibility.
