Financial Survival Network, Released on 2/2/21

1. For a second day in a row we are seeing the markets rally. The catalyst seems to be the unraveling of Gamestop (GME) and the heavily shorted stocks that were getting short squeezed. As these stocks have come down the markets have actually rallied higher. The markets seem to be rejoicing that they are back to normal, but are they really? Are things really back to normal. GME slaughter taking place. Buyers taking profits. People knock the shorts, but the reality is that the pattern went parabolic and it was destined to come back. Mastermind genius plan and it worked. For a while, but who wouldn’t take their money off the table. Mid-80’s. Get in early and get out. Believe the pattern. The Dash for Trash.

2. Gold/Silver The Empire Stikes Back – The biggest vulnerability in the Silver market is SLV. 30 million ounces added on Friday, where’s the metal? Viral video aside, silver is going higher. The CB’s will keep printing money and that’s why gold and silver are bullish. Wasn’t a good setup for the eventual breakout. When was the last time you sold off an ounce? The emerging monetary system will have gold/silver involvement.

Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot Wave, Gann Theory, Dow Theory and Cycle Theory. After applying his knowledge to his client base and meeting his personal monetary goals, he decided it was time to begin teaching those interested in learning his trading and investing methodology. In 2007, he partnered with Gareth Soloway to form InTheMoneyStocks.com and realize his dream of educating others about the truth of the markets. He now co-heads the education department at InTheMoneyStocks and enlightens thousands of members, along with providing consulting services to hedge funds and institutions.

  nick santiago, short squeeze, silver