...or have I mentioned that before. :-)
Of course, the multitudes are going by generic signposts erected by established and sanctioned experts. No wonder they were selling in March and agonizing whether to buy in June as hope drags its tired ass on and on, seemingly interminably.
Yes, this blog began posting 'risk is rising' and risk is high while the party was in full swing. We (or at least NFTRH) were in full rally mode way earlier, when risk was acceptable. The risk/reward has not been acceptable for some time now. About as long as it has taken for that gross toppy-looking rounded thing to form on the broad markets.
The GSR shown here has been front and center and it appears to have made its move. Now we may look forward to hope revivals in spurts here and there, but this is not a good looking market. Ah, but will it just be all bear all the time upon confirmation of the next significant correction? No, it's not that easy. There are sub-scenarios at work and now the fun starts.
Those who trust and want conventional expert analysis will seek it out. Those who want to preserve or just maybe grow capital will seek out their own answers by asking the difficult questions that do not have ready-made answers.
This stream of consciousness is inspired by some of the emails I receive from NFTRH subscribers that tell me the exact people who I want to find and make use of my newsletter are doing so. It is a feeling beyond description, at least as far as the financial world goes.
Have a great 4th you Americans and have a great weekend all.
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