The New York Fed Has Quietly Staffed Up a Second Trading Floor Near the S&P 500 Futures Market in Chicago
I guess the powers that be are coming to the realization that the markets are going to require more hands on deck and a much deeper dive to manipulate from collapsing.
On a side note, I have told my friends for some time that the Liberals new from the get go they could not win a majority in the last election (For non-Canadians, the Liberal party is the ruling party but only has a minority of seats. Through an alignment with the NDP, they have wrangled a majority of the seats). So one may ask, why bother holding the election?
The answer is quite simple, they knew that we are heading into an economic crash and they wanted to ride it out for the next 4 years, in power.
The FED is also aware that we are heading into a s#it storm and they are setting up more manipulative market controls. IMHO
Sir Rob Walnut,
I have bookmarked your comment and Sir CM’s post as latest “milestones” in this “correction” so far.
https://goldtadise.com/?p=527237#comment-97570
The DXY headfake.
The GOOG split.
The PYPL crash.
And Sir Rambus’s alert on further near term bearishness for the miners …
In the light of all these “events” and analyses, I’d humbly like to share that my portfolio of carefully chosen juniors is what is preventing me from being deeply in the red.
In tech, I hold AAPL, AI, FSLY, PLTR. Only AAPL is strongly green for me.
AAPL is over 4.5% cost-invested of my COMPLETE stock portfolio (every name included, PM, and non-PM)
In other names I hold CHWY, GNUS, OCGN, NIO, ZOM.
I could share as many details on my juniors as my follow Tenters ask for. Something tells me the PM world will not have a rude awakening any time soon.
Every day I’m waiting for Jamie Dimon’s exit from JPM. Then PMs will fly. No chart can indicate this event.
GL
GL read my comment about the China Russia cooperation in the post a few above.
Read.