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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: TobagoJack who wrote (173890)6/28/2021 10:09:26 PM
From: sense  Read Replies (2) of 217591
 
There does seem to be a function... of time slowing down a bit, just now...

Probably not a bad thing...

But, there is much that needs rethinking... and not much real likelihood that will happen.

I see that in the charts now... mostly in the RRG's, where all, or most all, of the gold and silver miners are clustered together now in the lower left quadrant... slowly curving lower still before beginning the move back into market relevance...

Cathy Wood will be celebrating her "win" now as commodities are crushed and biotechs have ended their own cruise on the Styx through the lower left quad that is the market netherworld...

But, I suspect that "victory" will prove relatively short-lived... Inflation is probably more about "virus imposed incapacity in the aggregate"... than it is about "base effects"... when the base no longer exists... and the reality of systemic fragility exists independent of persistent viremia...

Probably as hot here today where I am... as it is in Arizona ?

Down to only 102 now... after highs of 112 earlier...

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