Things are overheating - interest rates rising, broad inflation measures picking up, stocks soaring, gold and silver up. On the other hand employment is stagnant and we might be dropping back into recession... Employment is going down except for people over 60. Food inflation and other measures are taking off too. 30 year is up to 2%. Anticipation of new stimulus coming to a wallet.
Reddit traders are still out there but are focusing on biotech small caps where wall street isn't as threatened. Small biotechs will get the money and silver. Silver arbitrage, buy bars and melt them into rounds. $10 per ounce profit.
Regulatory capture or the inmates are running the asylum.
Tesla buys bitcoin and will start accepting it in payment. First of many corporations to start treating it as money? Bitcoin hit $44k. Bitcoin Tesla arbitrage.
More stimulus is coming down the pike. Markets are frontrunning the upcoming monetary influx.
Bunch of bubbles bursting at once and now way to fix them all.
John Rubino is the founder and manager of the popular financial website DollarCollapse.com. Mr. Rubino is the co-author, with GoldMoney's James Turk, of The Money Bubble and The Collapse of the Dollar and How to Profit from It. He spent the 1980's on Wall Street as a Eurodollar trader, equity analyst and junk bond analyst. During the 1990's he was a featured columnist with TheStreet.com and a frequent contributor to Individual Investor, Online Investor, and Consumers Digest, among many other publications. He currently writes for CFA Magazine.