Loading ...Hoping we can stave this off, especially in silver.
R6 – they’re picking on silver
If not gold, if not the shares, then silver.
Can’t have all three going through the roof at the same time.
Nevertheless, we’re in that sweet spot again where we are going up with the USD.
Trump is going to be raging at the Fed if they don’t cut a 1/2 pt. next week, especially given the USD strength.
A requested repost—looks like my good buddy Mike Ballinger was caught flat-footed again-mesmerized by the RSIs. & COTs
Trannies going the other way today=down 37 Skeptics will say gold is having an o.s. bounce but this is an historic bottom today
WE will not see these prices again for G&S in our lifetimes-
ECB cuts again
Gets more negative – cuts from – 0.4 to -0.5%
Stocks, pm’s seem to like the news.
Does that put more pressure on Powell to cut more?
Nice surprise
Thought we’d wake up to a spanking on the nice trade gestures by China-US but low and behold we’re building on yesterday’s gains’ and trying to push away from $1500 and $18 – Go Figure.
I guess rates decided to take a pause from their recent tear, dollar too.
Onward pilgrims.
