UPDATE
I missed making a point I meant to make with the commentary. As I suggested, the collapse is coming if they continue on this destructive path of American society, indeed Western society as a whole (but that is their point!). Particularly if they push through with the “punishment” Phase 4. For at least 20% will likely not take the jab and it may be much higher. Push comes to shove and if corporations start indiscriminately laying off 20% of their workforces what do you think that will do to the bottom lines?
Take a company like Boeing. Think they can afford to lose 20% of their workers? Or even just 15%? Or 10%? Remember, these are indiscriminate, not targeted layoffs. Your best workers in critical skill positions out the door with no recourse and believe me the Vice Presidents of the line of businesses are pricks that will make this happen and they don’t give a shit about the “peons” nor the bottom line particularly since so many of the assholes publicly got the shot for the entire corporation to see in some bullshit shot video. They will want revenge.
Well that’s if they even live to get their revenge like this (dead) VP of Oracle here. A lot of good his “app” is doing people are dying by the thousands all over the world.
The CEO’s and probably board members will of course quietly be exempt the shot or if they say they get one, a carefully crafted lie will be constructed. VP’s? They are expected to “take one for the team” don’t you know? And I don’t think they like that fact.
The collapse “reason” (for those who require one) is staring us all in the face people. It’s coming.
COVID COMMENTARY
We are in Phase 3 of a five phased psychological operation. Take note of Biden’s July 4th and the 70% deadline. (We’ll probably fall short of that goal.)
For come July through August, we’ll see two things happen that will take us to the next phase 4:
1) Full FDA approval 2) Corporations giving jab deadlines or else you get fired. They are fully invested in this people. Again, are you ready for shot(s) #3 and #4? For a spike protein that is turning out to be a deadly pathogen?
Wake up people. One by one, wake up! We are living in a mass psychosis. That should be clear to you if you follow the markets which is why you come to this blog seeking evidence of a never-seen before massive top of a Grand Supercycle financial peak . But this mass psychosis is not limited to just financial markets.
Here is a question I want you to ask yourself: Will the debt (sovereign, corporate, personal) debt ever, ever be repaid? Most will say no of course not but I am not so sure that’s the response I would get anymore.
The collapse is coming.
ORIGINAL POST
Yesterday’s CPCE reading – again, super juiced. Yet not much price reaction.
Primary count of the Wilshire suggests its over.
However the problematic alternate count is still a possibility for lack of anything better at the moment.
There is another alternate count option. This count has the market continue to “correct” sideways in perhaps a triangle structure or a “double three” corrective structure. This would require a some adjustment to the wave labels. Minor 4 becomes Intermediate (4) and then we don’t have the overlap problem of Minor 4 and 1 in the previous alt count as shown on the 30 min above this chart. It really doesn’t change the nature of the count(s), it only reflects the possibility that a summer rally would best be labeled this way. But first Intermediate (4) would have to “finish out” and that would probably mean a price drop is coming down to C of (4) or something along those lines.
VIX is sleep-walking. June is a month of Phase 3 “gentle coercion, bribes and other such menial incentives” to reach Biden’s national “vaccination” goal of 70% of adults. That sure is important huh? Apparently not enough parents are sacrificing their kids to the jab demands.
Best guess for Silver.
