10 yr. down 3 bips, dollar flat. Oil flat, hanging just above $80. Spot gold sitting just above $1900. futures @ $1930. Silver up $.10. Shares firm, hoping for some share strength after a relatively weak day yesterday – seems the silver shares have some catching up to do.
Bitcoin down $100, just above $26K
Not sure what eco data is out today, but does it really matter? Jackson Hole coming up, I’d think Powell will remain hawkish, mostly because he knows what’s coming, and he can’t stop it.
Lastly BRICS meeting finally arrives. No doubt the MSM will not report, so we’ll likely get whatever tidbits from ZeroHedge.
MSM focused on the debates among the lightweight contenders. The only person I want to hear from is Ramaswamy, although DiSantis would do well to take the advice of his handlers and come out strong in support of Trump. That’s what our people want, to see leaders stand against the corruption of big government and media.