all u.s. and world debt and deficit problems are magically solved?? If the 10 yr t-note. yield rises from 1.5% to 1.75% or 2%…people should panic out of gold and into stocks, bonds or other paper…? The municipal-state-and federal debt. and deficit spending will still be a problem…
It’s 5:515 and e-trading in gold is closed for 45 minutes until the night session…with yields up a wee bit and ditto the dollar at days. end…gold is only dowm 3.10…not bad at all…considering that the FED statement. was hawkish…next if Friday and Jackson Hole…Powell. may not. be. super dovish on friday buy I doubt. he’d. be as. hawkish as. today. sounded
Hopefully the Cartel won’t be able to bring gold in by morning down 15 or. 20…