Loading ...I. dunno if this. is exactly. “YOOGE”-LOL—but I think it’s a big deal
I was in my car at about 3:10 and a big time analyst was on Bloomberg. Keep in my. he is. not some gold bug cheer leader…he said that with. the PMI. today and the new tariffs this changes the FED from a few “insurance cuts” mode to a full “easing cycle” mode…no question. about. it!
They asked him about the jobs report. He said. today renders the report. inconsequential—he said “it’s stale news” already
I think I heard. him say he is looking for 85,000 jobs tomorrow. The tariifs. today will shave 3 points off the next. GDP
If. he’s right about that, it gives a green light to PMs
Also, IMO, that oil is down a mind boggling $4.30 and stocks down a lot. & the $ red. yet gold is up $15 off a huge down opening…that strikes me as very bullish for PMs…as always, fingers crossed—we don’t want to get too smug…