In this report, I cover the early market action from London on Tuesday, October 23rd, 2018. I look briefly at the precious metals, the stock market, the dollar, the bond market, and the oil price.
With the stock markets looking shaky I revisit the concept of a financial reset or global reset as it is called nowadays. I point out that I have noted in previous videos that we will know when the reset is complete when the ratio of the price of the Dow to the price of the ounce of gold approaches one to one.
One of the conclusions I come to is that after a rebalancing of things from paper or financial assets to real tangible wealth is complete is that the concept of gratitude will make a comeback as material wealth will be a lot harder to come by.
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