Bear raid right on schedule for Comex option expiration week, after they ran it up to the stratosphere.
Look out for Thursday expiration and Friday when Benny will be expected to say something on the easing front.
"The truly hysterical part of this cycle is still approaching, and it may get quite a bit worse when it does. Paranoia is almost a given when the exceptional fail spectacularly. There may be blood, if history is any indication, and a great deal of propaganda and distorted information spread by the money masters, without doubt. Those who have gone before us have stood on similar ground, over and over again. And now it is our turn."
Jesse, Keep the Faith, 7 July 2017