Stock Market Melt-up Continues. Plus Updates On The Dollar, Gold, & Silver. By Gregory Mannarino
In what should be of no surprise to any of you who follow this blog, the melt-up in the US stock market continues.
For weeks now I have been outlining for you specifically that because of action in the bond market, which continues to sell off, stocks would also continue higher as the cash leaving the bond market is simply going to look for somewhere to go-and clearly that move is into US stocks.
As I have also been saying, this move in stocks will continue until it doesn’t.
We as traders in this environment, must look at every single opportunity moving forward to buy any and all dips in the stock market and just as importantly, continue to bet against the debt and become your own central bank by holding hard assets like gold and silver, more specifically Silver.
Central banks have no choice but to inflate and then inflate some more, this is both stock market positive and positive for precious metals.
Several days ago I had stated that we were at or very close to a top with regard to the US dollar value, and today the dollar is down substantially which is again both stock market positive and precious metal positive, so take advantage of this.
The bottom line here is simply this: there is opportunity everywhere you want to look in this market, and we need to take advantage of all of it!
Happy trading!
Gregory Mannarino
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Greg we love the updates and the fact that you are the only one who tells it like it really is,
Keep up the good work Greg! Here's a small tip for you :]
@smartbot tip @marketreport 1000
Tipped @marketreport
1000 SMART! Comment@smartbot helpto claim. Currently the price of SmartCash in the market is$0.021 USDperSMART. To find out more about SmartCash, please visit https://smartcash.cc.Thanks for the great updates, as usual!
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