Well. this is certainly the kind of market I like waking up to see: a equity market which is at the cusp of a major fall:
And a gold market which is giving Jerome Hayden Powell a gigantic, shiny middle finger:
The key, as before, is 4444. I think Powell has this tattooed on his forehead at this point. He’s got all his little minions protecting that line. We must break it. And him.
I’m pleased to see my big TSLA short is continue to crumble away, now back into the triple digits.
For months now, all the crypto crowd was screeching about how they would be exploding to new highs since their Bitcoin Conference was going to get the world’s attention. They even have created a new celebrity, ostensibly a North Korean refugee who just happens to look like a supermodel, to talk about how Bitcoin=Freedom. Well, appropriately, her touting of the coin has turned out to be – – a bust.
I’m in 27 different bearish positions (plus, separately, big TSLA short) and 15% cash, which is 15% too high. Good luck today. And for God’s sake, kill 4444.
