It appears to me that we are entering a dangerous period for stocks, commodities and maybe gold in the weeks ahead. Stocks and the CRB are beginning an intermediate degree correction that probably still has further to drop (maybe a lot further). Gold is deep into an intermediate degree correction, but I’m not sure it has bottomed yet. It’s been stuck in an erratic whipsaw event for the last 6 weeks. I’ve gone over in depth in the weekend report the warning signs I’m seeing. Anyone that would like to try the SMT newsletter and view the weekend report I’m going to extend a 50% off offer for the first month. The offer will remain open until trading starts on Tuesday. Simply create a monthly subscription and I will rebate $25 back on your first months bill.
