Meanwhile, watch gold (and silver). They’re at very long term lows (well over 5 years). So all this talk of disaster lurking, is just crazy. Gold would be moving massively north if there was a real crisis.
Right? C’mon, guys. Isn’t that true? Really?
As mentioned in a post about the Wednesday events (NYSE, United, WSJ), along with the 1929-level crash of the Chinese market, gold is just languishing along at the bottom of a stagnant pond. You’d think nothing at all is wrong in the world.