Better To Be A Live Coward Than A Dead Hero - Chris Vermeulen #5126

Published: April 20, 2021, noon

b'For Gold/Silver/Miners Chris wants to see gold rise to 1870 and then break the 1960 level. That will be the sign that the new gold bull market has begun. Right now the miners are outperforming the medal and the market in general. Chris isn\\u2019t trying to pick a bottom. The break-out will be a lot like July 2020. Then we\\u2019ll see an intense 1 to 2 month rally. China buying hasn\\u2019t taken off as best we can tell, despite the news to the contrary. Additionally, the general public is nowhere near wanting to buy metals yet. Largely due to no fear coming from the stock market. We could be years away from that, it\\u2019s a long journey to the upside.\\xa0 Copper has blasted to the upside. $4.50 is the next resistance point after which we could see it go much higher. Lumber has had a massive rally. It\\u2019s a feeding frenzy in the real estate market. No one cares about the price and everyone is fighting over it. But for how long?\\xa0 What will stop the housing market? As Chris describes it, there\\u2019s a huge lag in this market. There\\u2019s not going to much affect for 3-5 years. Increasing rates will put some pressure on the market. Lot\\u2019s of REIT\\u2019s for every appetite and many are paying high monthly dividends. REIT\\u2019s and EFT\\u2019s could be the way to play real estate. Great for Millennials. They don\\u2019t want to buy homes but they can still be real estate investors.\\xa0 Bitcoin down 16% in the last 3-4 trading days. Over the past couple of years, the last 4 pullbacks have all been double digits, but they\\u2019re getting smaller and tighter. Could go to 74k or down to 35k. Its a raging bull market. It\\u2019s a bit oversold. It\\u2019s super risky. Coinbase could be the gamechanger. Will there be a 2017 replay?\\xa0 What sectors of the market are doing what? Stock market is getting a little over done on the S&P 500, starting see defensive plays outperform. Ripe for pullback. Put call ratio is extremely low. We had the March deep correction and then there was a rebound so no one felt the pain. Eventually doomsday will be here. That\\u2019s when the trader make his stand. You always need to know your downside and fix your losses. Position and risk management are what it\\u2019s all about. If you don\\u2019t you\\u2019ll give it all back.'