The situation in the US Labor Market resembles the situation in Q3 2007.
GFC Recession started in Q4 2007.
No discussion. Just data and facts!
This is from our Historical Analog Model. Comparison based on approx. 1 Mio. data points.
Gold miners are now doing more share buybacks than at any other point in history.
We have never seen anything remotely close to the scale of what is happening today.
This is a direct consequence of the extraordinary profitability the sector is generating at current metal prices.
https://t.co/eoj7D4wiYz
Stanley Druckenmiller: “Copper is the tightest position I have ever studied.”
Ignore the hard-landing narrative.
Copper demand is surging while production is peaking.
That’s all you need to know.
@Spyglassflow Big Banks and MM's have infinite money, they will do whatever they want until the moment of the crash suits them
Did u see the rejection at 16:56 on the 6700 $SPX level?
It looks like they're going to raise $ES a lot more
My puts are cooked (?) haha
Hope u're right mate!
@Spyglassflow I'm with you!
BUT, will there be no V-shaped manipulation today? It looks like there will be...
Then the $RTY is rising more strongly than the $NDX and $SPX.
It's true that seeing the $NDA at -6% and the index at only -0.30% tells you a lot about today
$SPY going 650 today
@Spyglassflow You think we crash from here right?
Me yes. Look at the vix only at 26 damn!
And still some people saying blow of top, could be? Idk…
Let’s see if tomorrow MMs do the MEGA “V” shape
@leadlagreport It's just another market asset that market makers use to extract inflation from the system & the real economy
This encourages small investors to buy $BTC rather than equities or indices
Bitcoiners want it to rise so they can sell and get their ‘dollars’; it doesn't make sense!