As I have said many times, after many years of market study, I have found no better analysis methodology that provides market context better than Elliott Wave analysis.
I've avoided the pandemic, politics and economic doomsday as topics recently because there's only so much one can say about them. This is especially true of the coming bear market.
Who could benefit? Well, there’s the gold mining sector, which has logically and rightly been impaired by cyclical inflationary forces. Gold sentiment is registering an extreme on the Bleak-O-Meter.
Owning fungible gold and silver bullion gives you liquidity similar to cash since precious metals are widely recognized and traded everywhere in the world. And their value will endure long after any online fads have fizzled.
This is a massive poker game. The market knows the Fed has a strong hand, but doubts the Fed’s willingness to play it. The Federal Reserve hopes markets will fold.
North America relies heavily on foreign supplies of critical minerals — the raw materials it needs to become a leader in high technology, transportation, energy, and defense. Materials like lithium, graphite, and tin.
After a tumultuous 2020 for the Bullion Banks, the delivery demand at COMEX has continued unabated in 2021. Are we getting close to "breaking the COMEX"?
