TA management of trading is what caused the currency snafu today as spoken about in Sinclair's posts and the attendant gold/silver bullion and equities sell off today.
And as Sinclair cautions, I look for an immediate snap back next week. Or if there is any lingering fear, further drop. A close watch of the Sunday night world wide Monday start up is a MUST.
Fundamentals tells me to only be in bullion and its equities and also other commodities. I use TA to trade them.
Trading in bullion/equities and currencies also puts you playing in the league of the powers that be on the planet. Their calling card is currencies and the wild card in the deck at this time is bullion.
5 card Stud anyone ? The stakes (as always) is literally the future of the whole planet. Know when and what to hold and better start folding on paper. Paper of any kind, dollars or bonds is what is being used to use you.
Silver is getting scarce as well, but the local guys here are getting enough in "over the counter" that they don't have to limit...yet...but they are eying it carefully.