Message:

<p>[QUOTE=&quot;Ainslie Bullion, post: 2203236, member: 75209&quot;]We are seeing a distinct change in 2 of the world’s biggest stock markets that may indicate the easy money game is no longer working.</p><p><br /></p><p>Yesterday right toward the end of trade, the Shanghai Composite plunged nearly 8.5% in its biggest one day drop since the start of the GFC and second biggest in history.</p><p><br /></p><p><img src="https://www.ainsliebullion.com.au/Portals/0/chinese%20stocks.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>In the US we are seeing the S&amp;P500 break key resistance lines not broken since the post GFC rally began and looking like the formation of a down trend.&nbsp; Note each time prior when there was a downturn it was reversed by the US Fed starting a new round of QE.&nbsp; Funny that now it is happening again they are talking about RAISING rates… the opposite of previous stimulatory responses.&nbsp; What could possibly go wrong?</p><p><br /></p><p><img src="https://www.ainsliebullion.com.au/Portals/0/us%20stocks.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>Our Aussie All Ords seems to be on a similar path…</p><p><br /></p><p><img src="https://www.ainsliebullion.com.au/Portals/0/all%20ords.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /> </p><p><br /></p><p>So there appears to be a choice between buying something at or just past its top, or buying something (say, gold and silver) that looks at or near its bottom…[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in