That report: I don’t know why some have to drag things out. I think they like to hear themselves talk.
End of day the CPI numbers didn’t cause a down pressure on stocks but more of a relief since September and the Fed.
That and coming off the lows is a end of day consensus. Actually lows hit support so made a springboard and why the sudden shift with the CPI numbers. That apparently wasn’t bullish for gold though but then nothing is. I’m wondering though if Celente could be guessing right that the Fed won’t be as hawkish is part of it.
Richard
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