It’s 7:49 —silver Was down 50 cents earlier and is down 19 and gold is only down 1.50—I wonder if They have bottomed to end a two day Pearl Harbor hit on them
THE $ HAS BEEN FLAT TO DOWN FOR 4 DAYS but they keep saying it is going up–it’s up now but not by much
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BLOOMBERG ARTICLE—[of course no mention of PMs as a hedge]
The US yield curve inverted, FedEx warns of a slowdown and Ether becomes a sell-the-news event.
Yield curve inverts |
The US yield curve continues to invert, with some predicting it could have much more to go. Allspring Global Investments see the 2-year versus 10-year yield curve hitting negative levels not seen since the 1980s. Meanwhile, the dollar continues its ascent, with Citigroup viewing it as the only possible hedge for what’s turning into the biggest destruction of shareholder value since the global financial crisis. The pound markedBlack Wednesday with a drop to the lowest since 1985.