Loading ...Wow just saw that with oil, down 5%. I don’t have any skin in the oil game so I’m not exactly upset by the drop because of gas prices. If you’re taking a hit, sorry about that. I wonder what they know, or think they know?
We’re getting totally hosed in the pm’s today too given the reversal and drop in the dollar and rates. We should be having a big day.
The volume is decent for this time of day and heavy in AG and EXK among the silvers, but looking about average with the large golds and the ETF’s
Will be interesting to see if things pick up here in the last couple hours. The booger eaters have kept the metals down all day for the most part while we should be running hard.
It looks like there’s some interest in the bond market, maybe the Fed has leaked that they’re about to start easing. I know Fed Governor Waller came out Friday on CNBS and said they should be cutting. Hard to believe it would be a flight to safety.
Maddog said rightfully that the big money is largely controlled by Jewish interests, maybe a quid pro quo going on for dropping the bunker busters. I’d like to think that doesn’t happen, but no doubt it does, and for Trump’s eco plan to really succeed he needs rates back near zero or in-line with Europe at the very least.