Loading ...Horrible day for the metals but feels like the end is nigh.
I’d like to see a quick spike down Monday followed by a wicked reversal.
Maddog – I don’t know about the dollar. As bonds and stocks sell off they have to be converted to dollars, no? I believe money markets are exploding with cash. Your thesis about a virile dollar makes sense to foreign markets-oil in particular.
I don’t know where it stops but our metals are oversold bigly. They’ve engineered an ugly silver chart but the shares are washed out. A turn is coming, with or without the dollar IMHO