Loading ...WE may never see prices this low for PMs again in our lifetimes…this drop is just loading the slingshot!
Still, not everyone was rushing to buy stocks just inches away from all time highs: “We remain a bit skeptical about the rally since last week, which is again due to expectations for easier monetary policy and easing trade tensions,” said Goldman strategist Christian Mueller-Glissmann. “Equity valuations remain high and global growth is still weak, which suggests draw-down risk remains elevated. As a result, we are reluctant to buy the dip.”
[Buygold=It’s a yolk, son, just a yolk…I ain’t buying and I ain’t doing diddly-squat…silver’s down 33 cent but my CDE is just down 2 cent…but it’s still early–looks like a no-bounce day today with G&S ending on their lows]
[P.S.–the way G&S are falling, they may fill all gaps and reset the RSIs into the 30s/40s all in one day…]