Stocks continue to ignore 40 million unemployed, an economic depression, and societal collapse/ riots.
The S&P 500 rallied yesterday to test major resistance at 3,100. The market is nearing the point of its rising wedge. A big move is coming.
The VIX is also warning us that a big move is coming. It too is at the point of its wedge formation.
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Meanwhile, the 5-year, 30-year yield curve has steepened to levels not seen since 2017. Is this predicting an economic boom or raging inflation?
Gold suggests it’s the latter. The precious metal is going vertical against every major currency: dollars, euros, yen and francs.
On that note, we just published a Special Investment Report concerning FIVE contrarian investments you can use to make inflation pay you as it rips through the financial system in the months ahead.
The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector and precious metals mining.
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There are just 9 left.
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Chief Market Strategist
Phoenix Capital Research