Expanding Rate Cut Probabilities Analysis
Alright, these 2 first charts you have seen… it’s the actual probabilities of rate cuts breaking out
The first time I did this analysis, I had seen what gold did… Now, here is how Silver reacted …
Now, this is a triple whammy… CRB … Crude oil and Copper
There is a distinctive behavioral pattern right now.. concerning Silver … which is presently behaving more like gold than other commodities.
Excellent Work Sir Patrick.
This Rate Cut Probability Analysis is unique and looks actionable.
Thanks for tuning us in.
What are the probabilities doing right now ?
Thanks! Most probabilities for a cut to 125-150 are holding under 40%.. and that is for next summer. For the next few months… sub 20% chance. That is gonna keep a drag on precious metals.
Thank you Patrick
I am sure you will keep us posted