For your consideration ...
It’s Monday morning in Japan and Tokyo markets are down on the open more than 7% on fears of a US recession. Not looking good for our markets tomorrow.
Class: Sell sell sell. Clear all your positions. Park all your cash to weather the coming financial storm.
And with the dollar going down, relative to other currencies, now at 102.64, you can bet institutional investors will be looking for a safe haven for those dollars.
Interesting though ... when the dollar goes down, there is usually a corresponding increase to silver and gold price increases. However, this is not happening. A very odd and questionable occurrence.