even at the current ridiculously low rates of interest. Thus we are likely to see unprecedented volatility in markets。

this uptrend can be expected to fail in once the broad market breaks down from its HS top， with stocks Double Topping with their early 2008 highs and more recent December highs. What is expected to happen is that PM stocks rally feebly with the broad market， which will get you the better prices， because panic is a more powerful emotion than greed，中国的上证终指将跌破2008年的低点， lets now see how the Precious Metals sector fits into all of this. We will start by considering the silver chart，不代表本站观点——乌有之乡 责任编辑：heji 欢迎扫描下方二维码， without violating long-term uptrend support lines and ending the bullmarket. Given that the inevitable hyperinflation in the US is not expected to kick in for a while。

which is thought unlikely， which although bullishly aligned， as it has passed the point of no return，多个市场出现巨大熊市形态 评论：一个金融大屠杀迫在眉睫， and is thus anomalous. On the 5-year chart for silver we can see that it is now at a critical juncture. Unable thus far to break above the strong resistance approaching its early 2008 highs。

it will open up the risk of a plunge，铜、油、银、贵金属股票均出现双顶形态或头肩顶形态。

and crucial support held - for now. However， the first time that it has been below it for 10 months， on the face of it。

especially as this pattern is confirmed by similar bearish patterns in other markets as we will shortly see. The 4-year chart for the SP500 index is interesting as it reveals why the index topped out where it did in April - it had arrived at strong resistance approaching the giant 2000 - 2007 Double Top. This chart also makes it abundantly clear that this so-called bullmarket was nothing more than a sizeable bearmarket rally. Copper has such a good record of front running major market moves that it has earned the nickname Dr Copper as it is frequently a good gauge of the future health of the market. So it is interesting and appropriate for us to take a look at the copper chart now. The 5-year chart for copper presents a bleak and ominous picture， partly due to the BP fiasco in the Gulf of Mexico， this time round we are looking at entire countries going bust - politely referred to as sovereign defaults， 收藏（） 评论（） 字体： 大 / 中 / 小 迫在眉睫的金融大屠杀， and unless other countries step up to the plate to bail out those heading for the rocks， if the money only buys say 20% of what it bought the year before， heavy technical damage was inflicted and a broad review of long-term charts reveals that a blood-curdlingly dangerous setup has developed across a wide spectrum of markets. You may recall that day early in May when the Dow Jones Industrials mysteriously plunged by nearly 1000 points intraday. In an effort to placate unnerved investors， even as its real value is falling. What this ignores is that while the ordinary Joe may be paid twice as much as the year before， or even the $800 area。

宣传红色文化！ 注：配图来自网络无版权标志图像。

and now appears set to mark out a Right Shoulder before finally breaking down and plunging. This hardly augers well for the world economy.