“Oil Mania Redux”
by MN Gordon
“By now, late September of 2018, it has become increasingly evident that something big is about to happen. What exactly that may be is anyone’s guess. But, whatever it is, we suggest you prepare for it now… before it is too late.
Art auction energizer: Norman Rockwell’s portrait of John Wayne.
You can’t go wrong shelling out top dollar for me, pilgrim, can you? [PT]
Several weeks ago, if you haven’t heard, an undisclosed rich guy enthusiastically bid up and then bought Norman Rockwell’s portrait of John Wayne for a cool $1.49 million at the 12th Annual Jackson Hole Art Auction. According to auction coordinator Madison Webb, “There was a really positive energy in the room.” Indeed, it takes a lot of really positive energy – and a healthy bank account – to shell out that sum of money for a painting of “The Duke.” Still, positive energy, like good weather, can quickly turn negative. Soon enough, we suppose, the purchaser’s excitement will transform into a serious case of buyer’s remorse.
Of course, we could be wrong. The buyer could have a special liking for old John Wayne movies. Perhaps he’s a collector of Norman Rockwell paintings. Or maybe he won the lottery and is compelled to burn through his winnings in odd and outlandish ways.
What this has to do with anything is a bit of a stretch. But art, if this qualifies as such, offers a rough barometer of social mood (see: The Bubble in Modern Art). Moreover, when the price for a painting of a 20th century actor pretending to be a 19th century character of American nostalgia sells at nearly a million and a half bucks, we suspect something more is at work.
…
At the moment, the markets seem poised for something big. You can sense it. The Fed continues to tighten the federal funds rate. The yield on the 10-Year Treasury note is holding above 3 percent. Emotions continue to strengthen their grip on the markets. Certainly, the time seems right. Markets are ripe. What better vehicle than oil to provide an epic parabolic price spike and crash?”
Please view this complete, charted, article here:
Source:
http://coyoteprime-runningcauseicantfly.blogspot.com/2018/10/oil-mania-redux.html
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).
