25 January 2013

Gold Daily and Silver Weekly Charts - No Need for Safety Buy Stocks

That seems to be the talking points memo for financial television this week.

Grab a seat on the miracle market before they are all sold out.

The market is utterly overbought and VIX is complacent. But it can stay that way in light volumes. The market can remain irrational longer than you can remain solvent.

I have marked the trendline on the last chart along with the money flows and RSI.

The real economy can no longer afford to tolerate its corruptly inefficient financial system. That is the long and short of it.

And at some point, people will realize this, and something will happen.