We told you on Wednesday Aug 18 Premarket that that was your last chance to get out of stocks. Since then we have had the largest 3 day decline in two years. The decline is not over yet. Commodities are making new lows because of deflation around the world. Chins is going down in the 3rd leg down and Asian stocks are going down with the Chinese stocks. Euro zone stocks are going down as well because they are also just printing more money. Greece problem has not been solved but it has only been pushed further into the future.
Precious metals are moving up nicely and Gold and Silver are going even higher. Dollar has been going down in its 4th step lower but soon it will start rising again and will make a new high in the 5th step up making new highs. SPY stocks have been going up not because the sales of the companies are going up but fake earnings are going up as the companies have been buying their own stocks to manipulate their earnings just like US government has been manipulating showing reduced unemployment rate even though real unemployment rate is more than 15%. How long they will keep on fooling the masses?
Precious metals are moving up nicely and Gold and Silver are going even higher. Dollar has been going down in its 4th step lower but soon it will start rising again and will make a new high in the 5th step up making new highs. SPY stocks have been going up not because the sales of the companies are going up but fake earnings are going up as the companies have been buying their own stocks to manipulate their earnings just like US government has been manipulating showing reduced unemployment rate even though real unemployment rate is more than 15%. How long they will keep on fooling the masses?
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