The financial system just gave us a big “tell.”
First and foremost, the US Dollar has taken out both its bull market trendline AND critical support.
The technical damage here is severe. We will get bounces, but the bull run is over. This is effectively the currency market saying “inflation is a coming.”
Secondly, the TIP: TLT (inflation/ deflation) ratio has broken out of a massive triangle pattern to the upside (in the INFLATION direction).
This is the bond market saying “inflation is coming.”
And finally, Gold is about to break its downward trendline.
The markets are speaking… but few are listening. But those who are know that inflation is coming are already establishing an investment plan that will benefit.