Markets: "More Bullish Than a Cup and Handle"

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning. “As long as stocks keep going up, the MSM can blithely ignore gold’s rally. But when stocks crash and Gold does not, then you have a problem“-GoldFix Premium SubscriberToday:* Gold - Technical levels* China and US Trade War Signpost* Premium: Economists always miss the big pictureYesterday’s Activity:US equities retreated on Monday ahead of Fed Chair Powell's congressional testimony on Wednesday and Thursday.Market News: NOTABLE HEADLINES* "Beijing is expected to resist growing market pressure for much stronger stimulus to spur China’s economic recovery at its flagship annual political event this week... as President Xi Jinping focuses on turning the country into an advanced manufacturing superpower - MERC SIGNPOST* "JetBlue Airways and Spirit Airlines terminated their merger agreement, weeks after a judge ruled that the $3.8 billion deal would reduce competition and harm cost-conscious fliers. Source: WSJ* "Apple on Monday announced new versions of its 13-inch and 15-inch MacBook Air laptops with its latest M3 chip. " Source: CNBC* "New York Community Bancorp tumbled for a second straight day after a pair of rating downgrades threatened to boost the beleaguered bank’s borrowing costs. Shares of the company fell as much as 17%, trading at the lowest level since 1996, after plunging 26% on Friday." Source: Bloomberg* Top MSM News Links GEOPOLITICS* China's coastguard took control measures against Philippine vessels that 'illegally' intruded into waters adjacent to the Second Thomas Shoal, according to state media. * Hamas said in a message they will be flexible on the issue of the number of prisoners if Israel is flexible on the issue of returning Palestinians to northern Gaza, according to Axios's Ravid on X.* MoreSome headlines via NewSquawk or DataTrekData on Deck:* MONDAY, MARCH 4 12:00 pm Philadelphia Fed President Tom Harker* TUESDAY, MARCH 5 10:00 am ISM services Feb. * WEDNESDAY, MARCH 6 10:00 am Fed Chair testifies to Congress * THURSDAY, MARCH 7 Fed Chair Jerome Powell testifies to Congress* FRIDAY, MARCH 8 U.S. NFP unemployment rate Markets/Metals Commentary (Charts):Comment: * Gold- The Cup and Handle Revisited* Silver-* Oil- * BTC/ETH- * Stocks- * Bonds- Cup and HandleSpeed linesPremium Attached: * GTA Institutional Levels* TS Lombard on Economists in inflationary times