Loading ...Thanks for all the responses!
Ipso – totally agree about the Fed tightening if China is selling. Makes no sense. I hearten back to Yellen saying she wanted the leeway of higher rates so she had something to cut when the next crisis arrives – she now has two or three hikes to cut…
Maya – really good on you for the Bitcoin, I’ve had all the opportunities to make that investment but was too afraid to step up. just like with AAPL, AMZN and PCLN. Nope I bought the “everything is collapsing” story. STUPID!
Goldie – thanks for the response. No doubt there are any pure correlations with the USD and gold or other commodities. There are so many other factors and undercurrents that no correlation is etched in stone.
Farmboy – yeah I guess Macron winning is great for the Euro, if he actually wins. Logically, the Euro would strengthen in advance of his victory thereby hurting the USD. Course the USD index is a complete rigged joke from the start, but I’ll buy that theory. 🙂 Still doesn’t answer why ALL commodities are getting hammered, not just gold, and in “dollar terms” as Gartman loves to say, commodities shouldn’t be declining should they?
R640 -thanks for the James Mc and his take on OI, always loved to hear the weeping and gnashing of teeth of Murph’s site. Never mattered a wit as to where future prices were going but always very G-Damn logical! 🙂
Someone show me when logic works in life or pm’s! 🙂
Best to all.