As I told you, Aud Gold is the only asset class in the green in...

  1. 23,742 Posts.
    lightbulb Created with Sketch. 2107
    As I told you, Aud Gold is the only asset class in the green in such times; Gold looks shaky now and poised to break below $2400.
    Those who wanted to sell would have sold today.
    Buy and Hodlers would continue to be fixated with time in market, if this is the crisis in the making, it is just the beginning; if it is not, it would only merely be deferred.
    The scale of the Nikkei collapse is unprecedented because it crashed so materially even in the absence of a recession, or a systemic event yet; it is even pale in comparison to the British guild crisis or the SVB collapse. The reason for the big fall is because of overcrowded trade in Nikkei longs, yen carry trades.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.