Loading ...The USD is down a little but that could change, looks like the 10 yr. is down 5 bips. At least right now we’re getting a little bounce. Shares are a little tentative, so we’ll see what happens to pm’s going into the SM open.
I don’t really see a breakdown in the dollar unless the BRICS get real. Even then, the USD could hold it’s value simply based on the fact that the DXY is full of other fiat currencies. Obviously though, if the BRICS back with gold, the USD would be worthless to the resource-based countries.
Clearly the scum is doing their level best to keep us in the tank and scare everyone out of their positions, it’s worked on me for two decades…
Wondering if the SM has seen it’s best days and is about to really rollover.