10/21/2025
Yes Virginia, markets do reverse and decline. I suggested Friday that gold and silver might have topped.
Gold made double top and then plunged. Silver just dropped.
I suggested DZZ short gold Friday, good call
This is a lesson for the stock market. Stock charts look like the gold and silver charts last Thursday. See the add on section in today's WSJ, one guy comments, everyone is a genius until they aren't.
No change in bonds or stocks.
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