Market Pattern Has Shifted
Folks, you have seen markets going down for last few days. But if you are looking only at the close then you are missing the daily swings of over 1000 points on DOW.
Today's decline was because of margin calls that were triggered a couple of days ago. Having burnt my fingers on margin calls, I know how painful that can be. Margin calls were mainly for the retail investors who bought the markets at an all time high and levered it further by buying options. The bubbles are bigger than ever, so will the pain be.
Technical chart analysts are saying that once it hits at 200 day moving average of around 22750 (DOW) then it will start going up. This is a trap. This market ain't going up in any significant manner and will have a panic situation in 2019. This is because the market patterns have shifted definitively and this is the beginning of the reset. Central bankers are losing control.
So where is the money going? Treasury saw just a tiny bump, so money isn't going there. Bitcoin is going down along with other crypto - so the money isn't going there either. Basically, money is not going anywhere which is attached to fiat money. Tangible assets is where the money went in. While gold and silver went down, one has to realize that only the spot prices are going down but the premiums went up and that happens only when there is big inflow of money.
With Chinese new year starting on Feb 16, 2018, dollar is going to come under severe pressure. So essentially, what I am saying is that we have about 10 days to stack up of gold and silver.
In the meantime, be prepared and be safe!