Dear Reader,

Markets have had their post-Halloween scare.

Stocks have recovered somewhat.

Cryptos…less so.

At time of writing the selling there has been merciless.

Rallies and large sells seem to be happening in tandem with good/bad news on the new COVID variant, Omicron.

But the mainstream is missing the big point here, according to Vern Gowdie.

Omicron is not the driver of fear’s return to the markets.

THESE ARE.

On 22 October, Vern released an urgent warning on four ‘Code Reds’ for 2022.

If one or two of them go off, it’s bad.

If all four have sustained, simultaneous falls…WATCH OUT.

And…as you’ll see here…each of the four Code Reds Vern highlighted at the end of October have, indeed, either tracked down or deteriorated since. 

Forget red herrings like Omicron, says Vern.

Focus on these Code Reds in 2022 instead.

Regards,

Vern Gowdie,
Editor, The Gowdie Letter