8 replies to this topic

[SemiBizz]

FYI

[redfoliage2]

If the economy is going to the direction of a recession and the market sees no hope of Fed rate cuts the risk for a crash could be high.  But this is not what the market is seeing........................ 

Edited by redfoliage2, 05 December 2023 - 01:31 PM.

[SemiBizz]

MOODY'S CHANGES OUTLOOKS TO NEGATIVE ON EIGHT CHINESE BANKS.

Moody’s Cuts Outlook on Chinese Banks After Sovereign Downgrade

(This includes the 5 LARGEST BANKS In CHINA and 4 of the Top 10 Banks in the World)

Better let that sink in for a minute...

 

This is it... the whole "Inflation" story regarding rate hikes is a complete and total ruse. This is WHY rates are NEVER COMING DOWN AGAIN IN YOUR LIFETIME

 

So it's a race now, which happens first, Sovereign Defaults or HUGE fargin BANK FAILURES...

That explains EVERYTHING we need to know about WHY GOLD rocketed and XAU and Silver sat on their {bleeeep}.

GOLD IS A BANK TRADE - They are SCARED sh*tLESS

 

I don't rule out another MONSTER SPIKE in GOLD... maybe $200 or more this time.

 

What you saw was a FULL SCALE PANIC in GOLD and it's not over.

[slupert]

I'll just short the banks now to beat the rush,ascending wedge BAC, ss $31.5,I'll be holding jmho

[slupert]

I'll just short the banks now to beat the rush,ascending wedge BAC, ss $31.5,I'll be holding jmho

$31.47 actually.

[SemiBizz]

Actually, I put it on my calendar for late January...

[SteveB]

..... But this is not what the market is seeing........................ 

 

Well that would be the definition of a crash, right? 

[SemiBizz]

Barring any major developments, the next World ending event will be on January 29th when that H.K. Judge either allows a default or punts it again.

 

I'm looking for a huge spike in gold the week before, bigger than this last one.

 

It's too obvious by the banks reaction in GOLD now just how SERIOUS a problem this IS.

 

Markets are not stupid, they get it.

[SemiBizz]

In case you are skeptical that it is the BANKS behind this gold move, take a look at the INTRADAY CHART and you can see the run up into the Hong Kong Judge's decision on the Evergrande Default and what happened when She punted until the end of January...

 

Charts just don't lie folks.  The reaction by these bankers should scare the crap out of you or else you don't have a heartbeat.