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To: Real Man who wrote (108541)	4/9/2018 5:11:27 PM
From: Rarebird	Read Replies (1) \| Respond to of 116837

There is no question in my mind that the 200 DAY EMA on the S&P is going to go; this reminds me of 2013 when GDXJ kept on finding support at $40; it must have taken 6 or 7 attempts before $40 broke and then it went to $32 quickly. Two closes below 2500 SPX and watch out below. I am really appalled at the way Trump is handling trade negotiations with China. Making threats is no way to negotiate. What kind of leverage is that when other people, like Clown Kudlow, say it's a negotiating ploy. If China knows it's a bluff, why take the threat seriously. Plus, you don't negotiate in that manner. I am assuming that there is at least a 50/50 shot of a full scale trade war, stock market decline, a rush into bonds and the Fed will have no other choice but to stop tightening. In that scenario, tech and multinationals will get hit the hardest. Interest rate sensitive sectors, such as utilities and REITs should hold up very well. And TLT will rally. I hope I am wrong and this gets resolved. But I have my doubts. I don't see China flinching. They can always manipulate their currency and sell some US Treasuries. Horrible sentiment all around.

To: Real Man who wrote (108541)	4/9/2018 5:26:24 PM
From: Rarebird	Read Replies (2) \| Respond to of 116837

I know you are very irritated by Cuban because you love Gold. I think it's the Doom and gloom among most gold bugs that creates the hostility toward Gold.

To: Real Man who wrote (108541)	4/9/2018 6:34:12 PM
From: Rarebird	Read Replies (1) \| Respond to of 116837

From a Chinese point of view, I don't see any reason for China to negotiate. What is in it for China to negotiate? Sounds to me that Trump is ordering China around and telling them what they have to do: buy more US goods that they don't need. If I was China,I would tell Trump to go F himself. In fact, that's what they will be doing by not negotiating. This is not a trade war; it is an economic war between the top two economies. Trump is getting in over his head. The losers will be the longs in the US stock market. Gold and Silver should do well. I have no idea how the Miners will do in an economic war. Do you? This is uncharted territory. If not resolved, SPX could be headed to the November 2008 lows.