Loading ...Big jump in the Dollar this morning, 90.76. More big drops in the Bonds too, so higher rates again. Like GameStop.
They were talking about GameStop spiking back up over 100 and they could not find any evidence this was related to READIT chat stories.
My suspicion from the start was the gov’t media purposely directing people’s attention or blame for dopey prices in the wrong direction rather than dopey/dollar prices.
I saw crazy charts way before the GameStop hoopla, and just figured it was artificial intelligence of computerized trading.
”Artificial intelligence is intelligence demonstrated by machines, unlike the natural intelligence displayed by humans and animals, which involves consciousness and emotionality. The distinction between the former and the latter categories is often revealed by the acronym chosen.”
It’s only natural the government media would not want people to blame computers, but a few of them took control away from pilots and crashed commercial aircraft killing hundreds of people.
So, the system is so screwed up, and with the Fed losing control on rates now too, that we have to tell ourselves that many strange and dopey price charts will continue thru this reversal transition.