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Get Ready For Next Week

from TF Metals Report:

Today’s action, though disappointing, is meaningless when next week brings another FOMC meeting and the BLSBS. I hope you’re ready.

Frankly, my biggest concern is that we’ve seen this all before. The Cartel allows the metals to rise in the days before some kind of Fed “news”, only to rip the spec’s guts out when the Fed, inevitably, disappoints. So, the most likely outcome next week is a rally on Monday and Tuesday as the Spec Sheep are led into the shearing barn.
The hammer falls on Wednesday and Thursday as the politically-handcuffed Fed “disappoints”.
Then, a sharp rally on Friday when the BLSBS comes in lousy.
The Spec Sheep get sheared twice by being long on Wednesday and short on Friday. The Gold Cartel wins twice and laughs all the way to the bank.

{Now, let’s get one thing straight. I am NOT trying to have it both ways. What I have described above is the most likely outcome for next week. Likely but not 100% certain. Regardless of what happens next week, I am still expecting a hot, explosive and historic summer and fall.}

Read More @ TF Metals Report.com

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