Gold: So its written, so it shall be done...
It's early (90 minutes before the open), and the usual pre-open smackdown in
US markets awaits, that said, the day is looking bright...
The late, great, Jim "GOTS" Sinclair told us: One day, in the not so distant future,
you're going to see $100, $200, $300 daily moves in gold...
If not now, soon...
And remember: When you're right, sit tight.
SOTB
PS: This is a crucial time to study and understand history, including market history.
Because it will become among your most valuable financial survival tools.
Break out the classics like, "Extraordinary Popular Delusions and The Madness of Crowds,"
and do a search and read the classic commentary of Richard Russell on Dow Theory etc.
Start forming a buy list made up of hard asset oriented deep value stocks, and "Dividend Aristocrats,"
that stand to weather the coming storm... And average in on those days where the blood in the streets
becomes ankle deep.
Get familiar with what hedging or shorting vehicles (options, reverse ETFs and ETNs) you want to use,
and start following them and their technical behavior in the charts on a daily or weekly basis now, even
if you're not using them yet.
Read and understand the story of Hugo Stinnes and the Weimar hyperinflation....
Read the book: "When Money Dies," and pass all of these classics on to your children
and grandchildren because they are timeless and teach the timeless principles the
elite don't want you to know, understand, or use.
Keep calm, and keep on stackin'
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