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Escape Velocity

This is a syndicated repost published with the permission of Slope of Hope. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Bear though I may be, there are two assets whose ascent I will always cheer: bonds and gold. Today, I’m pleased to report both of them are ripping.

Bonds have actually been steadily stomping higher for months, but it’s been so quiet and subtle, no one has really notice. Today, however, is particularly important, since we’ve completed a powerful basing pattern.

Gold is especially close to my heart, since its ascent is a hard slap across the wrinkly face of Jerome Powell. Remember, I’m counting on this stuff to triple in price. Also take note how volume is pumping. People are starting to wake up.

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