Mar 31, 2021
Acccording to Jerry Robinson we’ve gone off the cliff and now we’re airbone waiting for impact. Jerry forecast that the Fed would continue its policy of the so-called Greenspan Put. When in doubt print money! If still in doubt, print more money. Incredible amounts of liquidity are sloshing around the market leading to higher asset prices and bigger bubbles.
Government can’t stop Bitcoin, but it looks like they’ve somewhat succeeded with gold and silver. Gold is not dead, there’s just other speculative assets available. Jerry is still a believer in gold. It’s holding up and it’s still consolidating and is in a long term uptrend. It’s got to retake the 250 moving day moving average. Silver has been hovering in its current range for a long time now. Their time is coming.