OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Sometime. between 3 and 4am the NY. FED. trading desk turned the markets-gold was up $10 and stock futs were down

Posted by Richard640 @ 7:15 on August 29, 2019  

If. there was any “news” at that time I haven’t seen any mention of it so far

I.  did  see a few times yesterday. that stocks are ignoring the trade/tariff problem…I wonder if fund managers just said “F it” wht are we gonna do with cash? Makes sense with bonds yielding nil….after the crash in 1989 in Japan the public. stayed out of stocks for 20 years…they. just. sat in one percent bonds…so the argument that there is no alternative-TINA–is. not always. valid…but for now stocks are going up…so it appears…and this is a global move…I must say…to me it appears fragile and tentative…anybody know if the volumes have been heavy for stocks?

Interesting that they can’t. get any waterfall decline going in gold and silver…good thing I got my GUSH–up 14 cent in the pre-mkt.

The. 30  yr is 1.96%

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.