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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.80+0.2%Nov 3 4:00 PM EST

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To: Pogeu Mahone who wrote (192923)10/26/2022 1:50:50 PM
From: sense  Read Replies (1) of 217529
 
Its an interesting day to be paying attention...

Look at ZH's articles yesterday, on the Yuan and Yen, the Fed's focus and the dollar to the moon, on gold and silver... and how change suddenly occurred between 5:45 pm yesterday and the articles posted there today on the same subjects...

There seems general agreement we're nearing an inflection point...

But, those touting it as "danger Will Robinson, buy my newsletter now so I can tell you to survive what's coming"... and those seeing it but having no idea what it might mean... are in agreement it seems in not really offering any real specifics in predictions.

Yesterday I was laughing at the articles noting China "dumping Treasuries" while making that out to be some massive political thing in a big power move... while I was noting it as looking like nothing much more than a smart trade unfolding... that had them selling at what appears a likely interim top... if you note the impact in the conversion of the relative value between yuan and dollars today...

Still just a burble in the flow... those sorts of trades don't define anything about the underlying reality driving the shifting dynamic... about which there is still no more clarity than there was when I stopped posting back in May...

Basically, nothing much has changed in that time... except more flow of more oof the same old...

It is as I noted back then... we're in a regime where it is not the money that drives the policy tails to wag... but in one where it is the monumental, if unspoken, shifts in major things that dominate shifting trends...

Those saying inflation is driven by Democrats record $4 trillion tax haul being paired with and more than offset by a bloated $7 trillion in reckless and poorly focused spending are not wrong... they're just not completely right...

The newest event in the long running Russian War of Aggression and Conquest in Europe is not even a year old yet... and look what that is exposing ?

Recognition events in other things are still being delayed... but, there is inevitability... and clocks ticking...

And, while I still see no reason to alter my own expectations about "trends"... the focus in the markets isn't remotely close to there... failing completely in recognizing and commenting on the inevitability tied to the underlying dynamics... but focused instead on the vagaries of the day to day in the efforts made in raging against the dying of the light... as some will see it... as their hopes and expectations, tied to unrealistic hopes and errors in perception... continue to disappoint... and make them increasingly angry and/or desperate.
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