Don't get fleeced - get rich

This rally is therefore regarded as presenting a final chance to get out, and is also viewed as an excellent shorting opportunity. The MINIMUM or rather first downside target is the early 2009 lows below 700, but this time it won’t come back up again, as governments around the world have used up all their options (no pun intended) and blown their credibility to boot.





Now here’s where you are asked to exert your grey matter a little. Look at these 2 charts, one then the other and ask yourself where you think the XAU index will be if the S&P500 drops to the bottom - or off the bottom of its chart THIS YEAR. Get my point? - it’s not likely to be up is it? The XAU index HAS NOT CONFIRMED GOLD’S BREAKOUT TO NEW HIGHS, NOR HAS SILVER - AND BOTH ARE CLOSE TO FAILING BENEATH MASSIVE RESISTANCE. Watch out for a heavy down day to confirm that the 2008 style crash has started.



The Baltic Dry Index has broken down from a top area and has been falling steeply for weeks, so that it has ALREADY DROPPED BY MORE THAN 50% FROM ITS MAY PEAK. What this means is that the second major downwave has already begun, it’s just that the stockmarket doesn’t yet realize it - and you sure don’t want to be around when it does. There’s trouble ahead, big trouble. Why does recent action in the Baltic Dry presage this? - because this index reflects international shipping prices of a range of dry bulk cargoes, and is thus an accurate monitor of the state of the world economy.

FIND OUT MORE