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

In this Bloomberg article Citigroup talks about the dollar asas the only possible hedge for what’s turning into the biggest destruction of shareholder value since the global financial crisis

Posted by Richard640 @ 8:03 on September 16, 2022  

It’s 7:49 —silver Was down 50 cents earlier and is down 19 and gold is only down 1.50—I wonder if They have bottomed to end a two day Pearl Harbor hit on them

THE $ HAS BEEN FLAT TO DOWN FOR 4 DAYS but they keep saying it is going up–it’s up now but not by much

***************************************************************************************

BLOOMBERG ARTICLE—[of course no mention of PMs as a hedge]

The US yield curve inverted, FedEx warns of a slowdown and Ether becomes a sell-the-news event.

Yield curve inverts

The US yield curve continues to invert, with some predicting it could have much more to go. Allspring Global Investments see the 2-year versus 10-year yield curve hitting negative levels not seen since the 1980s. Meanwhile, the dollar continues its ascent, with Citigroup viewing it as the only possible hedge for what’s turning into the biggest destruction of shareholder value since the global financial crisis. The pound markedBlack Wednesday with a drop to the lowest since 1985.

 

No Comments

No comments yet.

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Go to Top

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