Link to the Slides and Sources: https://www.itmtrading.com/blog/etf-e...
What will wall street do when a flood of ETF redemptions enters the markets? Halt trading. In other words, you are not getting out. What are the smartest guys on money and markets doing for their "safe" money? Buying gold. In fact, major fund managers have now joined the growing list of gold buyers. The pattern shown by the charts on gold in the short term show the evolution of the "cup" smart money accumulation pattern. A longer look reveals that this short-term cup is really just a part of a longer-term cup formation, so a cup within a cup. That's what the smart money is doing, how about you?
Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable language. She has been a banker, a stock broker and studied world currencies since 1987. She believes strongly that we need to be as independent as possible and at the same time, we need to come together in community in order to survive and thrive through the hyperinflation she sees in the near future.