from Arcadia Economics:

RAFI FARBER: SILVER BOTTOM APPEARS TO BE IN, PALLADIUM ALERT FLASHING NOW

VIDEO:

Palladium is not money, and a squeeze of palladium won’t mean the death of the dollar. But it will bring us one giant leap forward to that end game, just as the nickel squeeze 17 months ago brought both gold and silver to intermediate highs.

Meanwhile, the daily action in tech stocks looks more desperate by the day, which fits with the intense monetary deflation we’ve seen since the end of last year. There will be no reversal in monetary policy until the pain hits mainstream stocks and the banks in full bloom, and that time is getting very close now. After that, we should have one final round of money printing.