Loading ...London has silver on the ropes and a cap on gold at this early hour. Gold flat but hanging in.
What’s interesting is the dollar is getting battered. Looks like the dollar fell below its 50 dma a few days ago, and after a small bounce seems to be gaining downside steam. We got fooled by the last move down so nothing is certain. Oil, rates, Bitcoin are all flat.
Oddly enough, the SM futures are a bit ugly. Wouldn’t expect that with the weaker dollar.
Maya – you’re right about that. The deep state has its backs against the wall right now and are like cornered rats. Despite some hope that Trump and new Repubs will help shift direction, we are in very dangerous times with people that care nothing of the country and only about power. True psycho and sociopaths. I doubt they will go quietly into the night.
Watched the RNC last night. There were some of the most refreshing speeches and testimonies I’ve ever heard outside of church. There were a lot of heroes in the room and the audience rewarded them with cheers and applause. There were also a couple of goats, both Speaker Mike Johnson and Mitch McConnell were booed when they began to speak. The Republican party is no longer a country club for men that want to get along and get rich off our backs. It was very, very refreshing. Ramaswamy, DiSantis, Carson, Huckabee, and several others hit the ball out of the park.
We are on a war footing right now against the administrative, Globalist, deep state and we have some much-needed leaders.