Today something interesting happened in particular in the stock market. The DOW Jones finished -1,175 points down (it was down about 1600 even earlier). It is also down 2000 points just in the past week. See the 2 charts below.

Daily Chart

Intraday Chart

What's interesting about the intraday chart is the way the market recovered about half of its losses in about 15 minutes. It definitely takes a lot of buying power to do that in such a short period of time. Hive account@marketreport made a great point in his last video and I agree with it. He said that he believes this big drop was designed to push out the "weak hands" in the stock market so that some fresh buying power can come back in and bring the stock market back higher. We know that the stock market is fake and manipulated and overvalued but I personally don't think that it is going to crash just yet. I mean, technically it should have crashed a while ago, like I said, it is way overvalued...but the big players in the market aren't going to let it drop just yet.

You Need to Watch the Yield Curve

The bond market yield curve hasn't inverted yet, and that is really the major sign you should be watching for if you are expecting a market crash. Until the yield curve inverts or becomes flat, I personally don't think it will crash. As you see on the chart below, the curve is getting flatter and eventually it will invert if it continues in that direction...and that would be detrimental to the stock market.

Precious Metals...Why you need them

At the end of the day, the most undervalued assets are precious metals. In particular, silver. Metals are a flight to safety as well so they will shield you against any massive drops in the stock/crypto market. When the market crashes, silver will most likely rise and outperform stocks. The US has a terrible debt problem. As you can see below, there is 20 trillion in debt and the dollar to silver ratio is $738 per oz. That is much more than the current price of silver which is around $17.

What I am Doing

I am slowly starting to acquire more precious metals, but I am not going all out yet, I am waiting for the market to crash first. I am also looking for an opportunity to go long on the market in the short term if tomorrow shows signs of a bounce.

I hope this article was helpful. Upvote and resteem if it helped you in any way, thanks! Remember, this is just opinion not advice!