Loading ...Scum footprint all over $1820. Stairs up for gold.
Siver rising with every other commodity.
Gold has to join the fray at some point right?
scum pre butcher rally….
the lamp posts await.
and….
rates on the short end of the curve rising quickly, 10 yr. above 1.82% on its way to 2%. USD being dragged higher a bit, but looks like it wants to go lower.
and…lo and behold pn’s are spiking higher…what the heck??
Fasten your seatbelts
It appears that the SM correction is game on.
PM’s acting like pm’s although silver is flat at least.
If this is the long awaited selloff in the SM, we know that eventually pm’s will outperform after being sold in the early stages of the pullback. Even Bitcoin is being sold again, and I’ve heard a few pundits say that Bitcoin is the ultimate hedge against inflation – don’t think so – acting more like a tech stock.
Fed meets next week so there’s alot of room to sell prior to the meeting. We’ll see if a couple 1000 pt. losses in the SM wakes them up – doubtful.
Is this a repeat of 2001?
Looks like rates are the story tdy and ystdy in Europe, Plus China’s economy is falling apart.
They have managed to stop the rise so far, this AM…..but the SM’s are not happy campers, as soon as rates harden a touch here….PM’s of course get walloped no matter ….
Another interesting article – we had a tornado here in FL yesterday
https://mypatriotsnetwork.com/patriot/natural-disasters-doubtful-who-really-controls-the-weather/
And , BTW , I experienced massive interruption of Internet connectivity yesterday .
At times I could NOT connect to this forum and other sites .
I figured that I’d been hacked , but this morning no problem at all .
Interesting article from Dr. Mercola
My son has exhibited damage very similar to cytokine storm , starting about three decades ago .
First , loss of pancreatic function , resulting in type 1 diabetes .
Then many years later , kidneys destroyed .
Both just after fighting a cold or flu .