The one and only asset whose ascent I cheer continues to break to lifetime highs. Hurray, killer of central banking! Do that thing you do!

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The one and only asset whose ascent I cheer continues to break to lifetime highs. Hurray, killer of central banking! Do that thing you do!

In my review of the index charts last night, it was clear that Tuesday’s lows had accomplished only one thing: to verify the importance of the supporting trendlines. In chart after chart, support was challenged and held.
