from King World News
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).