Loading ...Over Kevin Warsh as Fed Head? I don’t buy it. Not that Trump won’t pick another swamp creature for the Fed, we know he will. I don’t buy he’s the reason everything is melting down tonight except the dollar.
SM, Bonds, Bitcoin, oil, commodities are all getting hit for the apparent safety of the dollar.
This would explain why the shares didn’t come back with the metals yesterday though.
Funny how it always happens around a Fed meeting. Will this be the start of the SM crash finally?
Shanghai am fix was $131.88, now the pm fix has come in all the way down at $125.35. $10 down from last night. Which is about where spot is right now, $10 down.
Gonna be ugly.