Spoofing immediately starts on both GLD and SLV.
Dollar getting smashed and bonds are selling off huge. Rates up 18 bips.
Make no mistake, this is a coordinated effort on the part of the Globalists to dump bonds, knowing full well that rates are key to a US boom. No doubt China is playing a big part as well. I suppose it could also just be hedge funds and others selling UST’s to cover margin calls on world stock markets. Every market on the planet today is getting spanked EXCEPT China. That is interesting.
Gold and silver are literally the only two assets I can see that are being bid. Oil just dropped into the $55 level. Gas in my neighborhood is up $.08 though, funny how it always takes a couple weeks to adjust downward.
Lo and behold, while I’ve been sitting here thinking and typing, someone has come in and bought the SM futures. The QQQ’s are going to spark positive.
That’s probably the only hope we have of holding our pm gains. Pure BS.