Loading ...… good to me.
They are doing their damdest to tip the complex over going into the closes … but so far this is just more fun and games for the boys … evidenced with the Dow up.
They definitely want to get the silver spec longs to puke their positions as usual … only thing is times are a changing and they are now on the losing side because they no longer have the gold and silver.
And it’s true … Yellen is fenced in now … she has to sell more bonds than bills with all the refinancings coming up … but hey … that just means Jerome will have to pick up the slack.
And that’s accelerating currency debasement girls and boys … accelerating currency debasement going into the most uncertain time in the history of America this fall.
So, pardon me if I don’t get too excited about a little bull market like volatility.
The glass is more than half full and they are running on empty.
Chuckle