Is a Central Bank Digital Currency (CBDC) a good idea for the USA?
Total Voters: 34
Loading ...at least the SM thinks so.
PM’s OTOH tanked and now seem to be sort of coming back, or at least stabilizing.
We are due for a pull back so, this isn’t a surprise. Although at the moment it looks like we’re coming back, I guess they’re buying the dip already? Wow.
2 out of 3 is a nice trade to start the day……
Now all that paper selling of Crimex gold…may well get swapped into Physical…as the longs say …gimmie my Gold…..Now…..
If gold comes right back today….then it is safe to say….the paper sellers have a real problem.
and of course if it bounces straight back up, then it would suggest the US is waking up to Gold and buying paper……and that means all that Chinese overnight buying, has yet to be satisfied…..
I wonder if it’s going to take a pause here? A lot of parabolic moves and reverse head and shoulders formation either reached the shoulder or just reaching them. There still stocks. Good to have exit plans. It’s harder if the exit plan your choose isn’t there yet so that’s where a lot of people get caught up in not setting stop loses but then it doesn’t bounce back. Or set them before and then they took off and took three days to settle their sells less they had cash on hand Not that it won’t or shouldn’t bounce back on a pause with inflation, unrest, and financial troubles but it might not go in a straight line or parabolic.
Now that’s funny. Ole Biden and his crew of misfits are pissing off a lot of people.
Have you heard of Francisco Blanch? Head of global commodities.
I saw him on Bloomberg last night talking about well commodities, oil and interventions pre elections .. so what does that mean I don’t know.. trying to keep it down till after or what but now to maybe 95 and copper I don’t remember because the way he said it was unfamiliar to me but a demand and he predicted gold to go to 3000, same as Hunter speculated.
Scandal Rocks Biden’s Labor Dept For Lying About Sharing Non-Public Inflation Data With Secret Group Of Wall Street “Super Users”
Ps the other embarassing aspect of the above is that it highlights what lousy traders, the likes of GS, JPM, Citadel are etc….they get to front run the scum and are backstopped by the Fed/scum as well…..they should have more money than God by now, so most of their other trades/investments must be loosing fortunes.
Good looking Truck…..