Loading ...Agree with your assessment. Technicals and fundamentals are tough call when it c9mes t9 PM’s. My take is same as a few months back, the beat down in PM’s is due mostly to: someone sees something coming at us and wants to make sure we don’t run to the safe haven of gold and silver.
The stock market is what seems to me to be overbought, and running on fumes. When the Federal Reserve stops propping up said markets, it will be ‘Katy bar the door!” Is this such time? Your guess as good as mine, but the ‘threat’ of the Fed to rebalance their spread sheets is ominous in my opinion. Are they ready t9 pull the plug?