Loading ...deserved sell off…but the way futures have come back, it looks like we’ll repeat the pattern of the past few weeks…stocks slightly red most of the day…dropping than bouncing back–net effect=all volatility squeezed out…just working off an overbought condition…then upwards and onwards…
Rates in freefall, could be part of the reason the Dollar keeps climbing, as lots say u may get rates close to negative, or even negative, so big percentage gains can be had buying US Bonds/Notes.
plus u are still at a big rate premium, to most of the world, holding dollars is best bet out there.
First Majestic Silver Is Maintained at Buy by H.C. Wainwright
(END) Dow Jones Newswires
February 20, 2020 07:45 ET (12:45 GMT)
That’ll work. 🙂
It is pretty amazing that gold is going higher with the USD which has been moving higher relentlessly.
UUP (Dollar Index Fund)Â is at a 5 year high and crazy overbought but keeps going. All this with rates on the ten yr. pretty much in free fall. Go figure.
I’m beggining to think that the buyer in Au, is gonna do a Palladium and just keep buying, for no apparent reason.
