Today we had a “killer” [phoney?] GDP final revision of 4.6%–yet another–of many lately–strong gains in the $–strong stocks—the strong GDP means the taper program [death to gold] as rates will rise to a big, luscious 1/2 of one percent…So, again I pose this question= WITH ALL THE O-SO-GOLD-BEARISH for gold factors in play-[and O-so-bullish for U.S. paper assets]–why was gold down only 1.90 at 5:15 today and silver up 19–where is the dnside mo-mo?
ACCORDINGLY, I executed the following trade after the close today=
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JNUG – 04:06
Bought 2000s @ $13.19 – Total: $26,387.00