Never thought I’d see it
Gold up $114 and trying to bust back above $3100. Silver up a buck.
Hope we’re out of the woods. We’ll see how they close em’
I’m wondering if they caught China short our markets?
A lot of somebodies got caught short.
This appears to be a war to reign China in, explain to them their vulnerabilities financially.
Bessent, the new Treasury Secretary, is a winner. He let China know today that he’s not opposed to de-listing their stocks on our exchanges.
Next up, stripping them of their farmland, and weeding out all their democrat operatives inside our bloated bureaucracy.
India may end up being our next large trading partner. Invest in India?
Mr.Copper
Re Volatility ….I think there are loads of options in these mkts, that were put on before the ‘crisis’ came and if they were mainly April options the delta is close to 75% I would think…..hence the panic buying on such news as today…..
News
My grandson a new trader and good at it only 18 told me what’s up.
Trump put a 90 day hold hold on the tarriffs.
Re Wild Stock Swings Magnified By Bots, Or Artificial Intelligence
The stock market is currently prone to sharp fluctuations, driven by a mix of low liquidity and algorithmic trading bots reacting to headlines. This dynamic amplified a fake tweet about President Donald Trump’s tariff plans, sparking a $2.7 trillion market surge on Monday, and is now powering another rise in U.S. stocks today. As traders struggle to adapt, market makers are pulling back, raising trading costs and intensifying volatility in equity markets.
“Liquidity is terrible, so anyone with just a decent-sized order is going to move the market,” Brent Kochuba, founder of the options data provider Spot Gamma wrote in a research note to clients on Monday.
When traders talk about liquidity, they mean the ease at which investors can buy and sell financial instruments. That dried up at times on Monday amid a frenzied eight-percentage-point round trip in the S&P 500. In the options market, bid-ask spreads briefly jumped three-fold. Liquidity remained sparse during the European trading day on Tuesday.
The conditions amplified the 180-degree turn in sentiment on Monday, aided by momentum-driven trading algorithms primed to react to sudden changes in market direction, according to Benn Eifert, managing partner and co-chief investment officer at the hedge fund QVR Advisors. “Big trades just push the market really fast,” he said.
Eifert says the way market makers and hedge funds are programmed to trade on news contributed to the market reaction to the tariff headline. Automated trading systems can pick up shifts in market sentiment in milliseconds, exacerbating price swings. “You have a daisy chain of buying reactions in response to a headline,” Eifert said. “Algorithms are tuned to react extremely quickly to any kind of headline reversing tariffs.”
Comment: I think we all knew this long ago.
Maddog
Patience is a virtue but so is caution.
Maddog- there’s the rub
Dollar coming back and they’ve got the sell button on the metals.
Hope we can hang in there some, but I liked it better when we were the only thing up today.
Looks like some shorts in Earl stox are getting taken to the woodshed….PM stox shorts are too …though
with luck this maybe the biggest up day ever……for PM stox…..if gold holds….
Mr.Copper
re rates
the 10 and thirty year have broken the 80 month Average……..by going above…thus signalling the long term trend is for higher rates ….and as the cycle is @ 40 years …we may never see a low rate environment again, in our life times !!!
Short term though the move up has been very fast and very large…so we may well and are consolidating.
D’oh! This is Trump on his Truth Social account
Based on the lack of respect that China has shown to the World’s Markets, I am hereby raising the Tariff charged to China by the United States of America to 125%, effective immediately.
At some point, hopefully in the near future, China will realize that the days of ripping off the U.S.A., and other Countries, is no longer sustainable or acceptable.
Buygold @ 13:49
I’m glad Xi and Trump are pals!
Wow, money flying into everything US
even bonds. Literally everything. Bitcoin, oil, etc.
He must be driving the Globalists nuts.
So Trump pauses tariffs
on non-retaliating nations, but then jacks them another 25% on China and the SM explodes higher?
OK, so I’m not sure what that accomplishes, is this all about China and destroying their manufacturing base?
I read that Mexico’s labor costs are now 1/3 less than China’s, why not move some of it there?
Buygold
“Be nice to put a string of these type of days together.”
You got that right!
The mining companies paying giant dividends might have to drag the shares higher by the scruff of the neck!
The only leader in Canada …
… that is a straight shooter is Maxime Bernier … and he says buy gold …
Vote accordingly
Ipso
Be nice to put a string of these type of days together.
The SM is weighing on silver (supposedly) and of course the shares a little, but gold looks fearless at the moment. I don’t see how the shares can continue to trade with the SM if gold keeps going like this.
Five Year View Of Yields
On a five year view bonds are in a bottoming view, (rates higher) so rates are at their highest in five years. Going choppy lateral for two years. Generally, with choppy lateral action, assume the prior trend is still in tact. Higher rates.
So Musk’s handlers watch …
… a James Bond movie called Moonraker and decide to unleash a string of low-level satellites into earth’s orbit to cement the control network (same thing as globes into the atmosphere to poison the human race) … that they intend to use very soon in a 5G control grid.
But in spite of their best laid plans … we have the Kessler Effect … which will bring The Financial Kessler Effect when the debris multiplies both in orbit and on earth once their string of pearls is destroyed.
The Financial Kessler Effect | ZeroHedge
Geniuses these idiots.
Yields flying higher
Hi @federalreserve this is what the collapse of the $2 trillion basis trade you encouraged for so many years looks like x.com/zerohedge/stat…