Loading ...US stocks vs silver
Silver has no business losing any more ground vs US stocks IMO, at least in the near term.
Multiyear top for Nasdaq vs silver playing out?
The S&P has no business advancing any further vs silver here. Maybe it manages to backtest the 200 WMA, at most?
Reverse repo giving the market jitters. + 800 billion yesterday. April was 100 billion/day and now up to here.
https://apps.newyorkfed.org/markets/autorates/tomo-results-display?SHOWMORE=TRUE&startDate=01/01/2000&enddate=01/01/2000
Thanks for the link HR, this is INSANE, beginning of June 500bill per day, rising now to 800bill PER DAY !!
I DL’d that excel spreadsheet – bidders (counterparty’s demanding bank cash) are practically ZERO since MARCH 2020 – so am I interpreting this correctly that if not enough bids, takers of cash off the bank’s books, they must push the cash onto the treasury ? I have no idea how this is going to play out but these are the same jitters from 2019 when metals started taking off.
I’m with WSS, keep stacking until someday we really find out just how RARE silver is. Just as with the economy, LIES work right up until the moment they dont!