WOW !
NFP must have been a massive Disapointment (38,000)
Gold and Silver going Nucken Futz
Dollar down hard
In a Bull Market Surprises are to the UPside
looks like I will be paying for my Insurance (HGD)
sheesh
NFP must have been a massive Disapointment (38,000)
Gold and Silver going Nucken Futz
Dollar down hard
In a Bull Market Surprises are to the UPside
looks like I will be paying for my Insurance (HGD)
sheesh
It was all in the charts 😉
Shanghai Accord. Give em a horrendous jobs report a few weeks B4 the expected rate increase. Gives the FED cover to NOT raise rates w/ BOC fixing Yuan lower here on several times a week. This is Rickards script. Now the dollar threatens to have a failed BO on my daily and weekly. If so, its move down could be swift and brutal. People looking for the stock markets to crumble are in for a shock methinks as bonafide inflation keeps it elevated despite the economic slowdown.
“Hello my darlin, hello stagflation, watch all my miners rise”
Maybe they do raise rates. Truth is, I dont think it matters one way or the other. As Mark said, its in the charts. Last time they hiked gold rose BIG.
“bonafide inflation keeps it elevated despite the economic slowdown.” Well stated Gary…
Gold needs to close above 1230. I have high confidence that it will but you just never know.
Nugt’ed yesterday before the market closed. My chart indicated strong support at 1210. Good day (so far) for people who have been buying (i.e. Mark).