Re Gold it sure feels like we are locked in gear. They’ve been hitting gold at night lately, throwing a chair in front of gold and it bounces back during the day. Is it them hitting gold to scare the crazy scared money margined futures players? So the banks can buy cheaper?
Lets face it. The Feds didn’t have to raise rates to slow the economy. That was going to happen anyway. Guaranteed. The only real purpose was to have some higher rates for them (dry powder) to drop and psychosocially stimulate a crashing economy later.
Gold climbing steady since New Years day, Silver choppy lateral. I have a gut feeling gold will keep climbing and Silver will wake up soon, pop up and surprise everyone.