Weakening Earnings, Slowing Manufacturing, No Trade Deal = Record Equities

[SASKFARMER]

I do agree with the fact a lot of money is parked in the stock market. It has made wealthy people billionaires and average joe investor have a million.

Now property was an interesting thing the last crash of 08, but that market and those homes were filled and picked up by Canadians and American investors and individuals. Maricopa is a prime example. The ones who borrowed and have VRBO to pay for these could be in for a double-take if the Housing market crashes.

Similar large debt still on Farmland won't work either. IMHO.

Similar most homes in Cities are so highly leveraged not even funny. Toronto would be a wipeout similar to Vancouver.

I gave an example a few days ago about buying an apartment block. The banks want clear property equal to the amount you are borrowing and you cant sell any of it.

But the question is will we have a world reset and that's what the UN is doing to try to create one world Gov. Trudeau has helped by making Canada vulnerable.

The USA is not going to give up its place for the UN until the last American is dead.

Canada will fold like a cheap hooker.

[TechAnalyst]

The reason I feel it’s so important to consider a chart is there is no way possible for any individual or entity to know every fundamental factor impacting a given market let alone how or if it would move prices. On the other hand, a price chart shows the net effect of all the influences and opinions combined.

This is the monthly continuation gold chart (each bar is the high/low/close for the month). You can clearly see the impact of the Quantitative Easing programs designed to inject liquidity (money) following the financial crisis of ’08.

Following a correction that was long overdue, a large saucer has been developing as buyers become increasingly aggressive while sellers do the opposite. The net result is higher highs and higher lows again. A typical saucer formation begins to accelerate to the upside as the price action begins to attract more aggressive behaviour.

I expect that will be the case here as well given the strong gold buying by central banks over the last few years and the declining confidence in world currencies. Should the stock market end up in trouble over another debt crisis, increased liquidity would add to the acceleration as it did a decade ago (IMO).

[errolanderson]

The market doesn’t seem to believe in agreement purchase totals . . . . China (Xi translated speech) stated they will purchase U.S. agricultural products based on market conditions.

Soybeans tanked after Phase one deal signing . . . . Traders now appear selling-the-fact.

Algorithms continue to power stock markets to historic highs . . . .