Wednesday, December 21, 2016

Bloomberg is negative on Gold and they may have good reason

The U.S. STOCK MARKET IS THRIVING:

Right now MASSIVE AMOUNTS OF MONEY are flowing into the U.S. STOCK MARKET and the U.S. DOLLAR continues to strengthen on what is being called THE TRUMP EFFECT or THE TRUMP RALLY.  The SENTIMENT now toward EQUITIES is VERY BULLISH and is expected to continue unabated with even the threat of a reversal or correction not the least bit concerning as the VIX and other related indicators show very little fear in these markets anymore.  

What used to be considered SAFE HAVENS are no longer such as the CENTRAL BANKS and especially the U.S. FEDERAL RESERVE has figured out monetary easing to be able to sustain and inject the markets on an as needed basis to provide for further strengthening even if it is artificial:  

The entire scope of ECONOMICS has been changed.  The old laws of SUPPLY AND DEMAND have been REINVENTED now and the entire world is being transformed into a NEW WORLD ECONOMIC SYSTEM.

https://www.bloomberg.com/news/articles/2016-12-18/with-gold-prices-stuck-in-purgatoryhedge-funds-hit-the-exits