Loading ...The. NY. FED. desks’ algos are all over the PM stocks/etfs…but I don’t see the one month 20% correction a few of the pundits I respect are calling for…in fact, through the mists of. future time, Swami. Richard640. sees a big. gain for. gold sunday nite/monday morn for gold…
Swami also has a medium strength R640 buy signal on JNUG. today–Oops! Scratch that….gold. wsas up $4. a. few mintes ago. and JNUG was down 3.7%–also silver was up 3 cents and is now down 31 cents….for the past few months. the FED NY desk. wasn’t. able to execute these sell programs out of nowhere…
So that Sunday nite gain may. be off. the table. unless G&S csn come back from this sell program…maybe Zero Hedge will tell us how much “notional”. was used…silver is already down 19, 12 cent off the low…and gold bounced 6 bucks–uip 2.20 now