Thinking maybe the bond market rally may also have something to do with the First Republic carnage.
Watching FOX Biz. They are dicussing that “how to buy gold” is at an all-time record for its’ searches. The anchor Jackie DeAngelis says “I don’t know, it seems like spot gold should be a lot higher than it is with all the problems around the world and markets” that’s what it’s done in the past.”
Yikes. She knows something is up. Course the other anchor mentioned GLD. Jackie liked phyzz.
BTW – my gut says this is the beginning of an ugly correction in the broad market.