Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
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Loading ...on either side of $1840, at least like to see us fight the downdraft.
Silver has no mojo. Looked at my dealer, premiums on silver have come way down and there is plenty of inventory. Guessing there was an influx of selling when we had those 100% premiums. Eagles were $38, now $30. Still a solid premium but way off from where it was.
Keep punching, we’re due for a bounce maybe. Rates and the USD may come back in as the SM falls…
PPI – came in hotter than expected, quite a bit hotter.
OTOH, the Philly Fed Index got murdered at -24.3, as did housing starts down 4% month over month
So far, we are flattish with a downside bias. Seems with flat, it always carries a downside bias.
SM taking it on the chin. Tailwinds are now headwinds with rates up a couple bips and the USD the same.
As I type, the downside bias arrived and we are getting spanked. No safety here.
or Captain Hook.
I’d think Hook would have a lot to say about the action in pm’s
I suspect the PPI report will rule the day as far as markets go, as well as the slew of talking Fed Heads that are speaking today.
Rates down a couple bips.
Things look decent right now. Didn’t realize that commodities in general have been down the last couple of days with our pm’s.
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