Gold setting up just like before the covid-19 breakdown
(Kitco commentary) - Just before the COVID-19 collapse in the markets hit near February 25, 2020, Gold started a double-dip move after reaching $1,692 on February 24. First, Gold dipped from $1,692 to $1,564, then recovered to new highs ($1,704.50) on March 10, 2020. Then, as the deeper COVID-19 selling continued, Gold prices dipped again â?? this time targeting a low level of $1,450.90.
VIX & SP500 Comparison of 2008 Market Top
Today I like to share my thoughts about the S&P 500 index, the volatility index, and what I believe will be the trigger/event which sends stock markets around the world to new multi-year lows.
Deutsche Bank to initiate the next financial crisis!
I am certain that you remember Lehman Brothers and the â??chaosâ? that it created when it â??failedâ??. If you think that the Worldsâ?? Central Banks are now wiser and consequently will not allow another similar event to occur, think again. We will not only see a repeat of this occurrence, again, but it will be exponentially larger than Lehmanâ??s was!
Gold and Silver are on the Cusp of a Massive Rally!
Gold and silver have more or less confirmed they have bottomed and are ready for a multi-year rally.
If You Miss Buying Gold - You Will Regret, It Later
If you held LinkedIn, in your portfolio, you have lost more than 43% of your investment within a single day, and it is most likely to decline even further.
Seasonality Is Out of Season
A â??rallyâ? attempt is underway. Stocks are continuing to rebound and all is well with the World?
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