After an absolutely wild day of trading, here is a look at the “everything bubble” shocker, gold, silver and US dollar, plus highest level in 70 years!
October 6 (King World News) – Graddhy out of Sweden: Here is where things stand…
Gold – rejected now for 3rd time at old 1923 all-time high.
Silver – now back below my green (key) line.
US Dollar Index – turning up now, as said yesterday. As of right now, we are still on track for my expected final Intermediate Cycle decline.
Highest In 70 Years!
Liz Ann Sonders, Chief Investment Strategist at Charles Schwab: U.S. private sector financial assets (ex real estate) as % of GDP have spiked to highest level in ~70 years (see chart below).
“Everything Bubble” Continues To Shock Rational Investors
Things Are (Still) Tough All Over
King World News note: Below is a chart of jobs lost and regained in some key industries.
Meanwhile, Jobs Lost & Regained By Industry
Last Time This Happened US dollar Crashed And Gold Skyrocketed
***ALSO JUST RELEASED: Forget Pullback, Last Time This Happened US dollar Crashed And Gold Skyrocketed, Plus Miners And Shocking Look At Real Estate CLICK HERE.
***To listen to the incredibly powerful audio interview with Nomi Prins discussing everything from gold and major markets to the similarities between what we are seeing today vs the 1970s click here or on the image below.
***To listen to this timely interview from the top trends forecaster in the world click here or on the image below.
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