Loading ...It looks like they’ve lost the SM and they are losing the dollar. I’m not sure what happened with the dollar this am, it was down, came racing back to positive, and now tanking.
It seems that more and more the metals, but especially gold, are tracking the dollar as they should. This stuff with the shares following the SM won’t last too much longer, it can’t. Our problem is that silver continues to be treated as an industrial metal and that seems to make it easier for the criminals to manipulate it. Ultimately, we know it will act as a monetary metal.
As I’ve written this the dollar has already swung positive. I’ve never seen it this volatile in a single session – ever. Maybe there’s some intervention going on with the Yen?
Rates are sliding, the dollar should not be positive now. These swings today are not normal, makes me think something is breaking.
Whatever, we will be on the right side of things when it’s all said and done. Bitcoin will not – down 3%.
Dollar reversing back down again. WTF???