BLOODBATH LOOKS IMMINENT - FULL DEFENSIVE MODE...

Party like its 1999!!! Because it wont be pretty the next day…

Unbelievable that platinum is half the price of Gold now.. Even though it is more than 10 times as rare..

The impending crash will be much more severe and have much more serious consequences than any hitherto, because of the catastrophic debt overhang that has built up. In this situation gold will become the best investment because it has an intrinsic value that cannot be eliminated. We had surmised before Friday that gold would probably be taken down near-term during the crash phase because of a dash into cash driving a temporary spike in the dollar, but on Friday at least that didn’t happen and instead the Precious Metals sector showed strength, suggesting that the dollar may already be in trouble for the reasons mentioned above. This may just have been a “pop” on the part of the PM sector, which could yet turn and drop with the market. We will have to wait and see what happens next week – if the broad market drops hard and the PM sector advances it will mean that it has already acquired safe haven status, and in general it will be safe to buy the sector with stops beneath recent lows.

https://www.clivemaund.com/article.php?i...64