Why would investors pile into bond funds? Why now? Why heading this direction for 47 weeks? Why would they be running from stocks and locking in low return / no return investments, AT THIS POINT?
Do you have any real inflation data?
Shadowstats says around 5% inflation for the 1990 model and around 9% for the 1980 model. So why would anyone move to bonds to lock in losses?
Cash buried in the back yard would be about the same, metals are manipulated. Seems the only way to make any "return" is to issue credit like credit card companies, auto loans / leasing, payday lending & banksters do.
I wonder if we will be watching another video of him drawing charts like this for the big breakout in 2020? FWIW his approach seems well reasoned. My takeaway over the years, unfortunately, has been that reason has nothing to do with price discovery. Maybe this time it’s different...
Branching away from the PM sector for a bit. Here's a couple charts I found interesting.
Biotech sector dancing on the 200-DMA (red line). Bears would want a turn lower starting now. Above the 200-dma, should be bullish. I'm inclined toward a bearish stance. Volume has been declining in January.
Real Estate has been on an absolute tear lately. This one has been slipping under the radar. When does it stop? Who knows.