PLUNGE PROTECTION TEAM RESCUES THE DOW JONES. What's next for the "fake market"? 34 BILLION of paper GOLD dumped in 4 hours and BITCOIN is actually showing improvement! STATMAN weekend commentary.

Good Saturday morning my Steemian friends. Let's get right to Bitcoin first. I said "showing improvement"! How? After all it sits at 6488 and like clockwork reacting exactly as predicted here since January. But the good news is we are seeing an uptick in SENTIMENT. Not enough yet to forecast "buy". Not even close. We are a HOLD. And attempts to push through 6800 probably will not succeed yet. The path of least resistance is probably down but it does not NEED to bee a lot lower. I am not in the camp that says we are going to 2k or 4k. Step aside here and wait. The numbers will tell us when to enter.

Caution!! The dollar seasonal chart (above) is not a set in stone blueprint. But you MUST respect it. There are too many factors that tell me the dollar is toast and you are seeing it last "HURRAH". Trump and his tariff war vs. the world is going to end in disaster. Tariffs never work are inflationary and are bullish for the metals. Do as the insiders are doing. that is, if you consider JP MORGAN and insider (silver) and recently the Swiss National State Pension Fund (buying phys. gold.)

Trump detests dollar strength. Secondly the Chinese will help push our rates higher (a real conflict) and have recently considered our debt they hold and may dump BBB+. Trump may in fact push for the Gold Standard, some feel.

I wrote just two days ago with silver about 17.11 and gold 1302. We are probably "not out of the woods". And we are in the end stage of summer doldrums. See the silver seasonal above.

DO NOT FEAR THIS SETBACK. It is "noise". I reiterate what you'll see in early fall in the metals will be scintillating! However I'd like to see a bit of a bounce this week. This is a buying opportunity.

The FAKE NEWS Dow Jones sits at 25,092. "THEY" bought bonds and jumped in again to rescue the market wnen down almost 300 earlier. We called CAUTION last week at 25,300! Sentiment is not good, but not REAL bad as our SELL in JAN. dictated. The TRUMP bull market is over. They'll prop it up for another couple of months. You are being lied to re: labor and economic statistics. I'd sell on any strength and am happy here to be out of equities and into the metals for what is coming our way.

Enjoy your weekend! And, thanks for your support as always!! UPVOTE and RESTEEM!