When the Fed is talking tough about interest rates, PM’s feel pressure and go down.\u00a0 Have to keep increasing to battle inflation….<\/p>\n
So, all the talk is when rates look like they’ll stop increasing rates and get a more bullish slant on reducing rates (like a crappy job report), PM’s go up, but then change their minds.<\/p>\n
I’m still a believer in macro forces here, but somebody make it make sense this week with gold and silver….phucking crazy.\u00a0 And they say there is no manipulation….I point to this week and say here’s you’re phucking proof.\u00a0 Rates probably up, gold down, no, scratch that, rates probably down or no hike, gold down.\u00a0 Baffled in the short term here.<\/p>\n","protected":false},"excerpt":{"rendered":"
When the Fed is talking tough about interest rates, PM’s feel pressure and go down.\u00a0 Have to keep increasing to battle inflation…. So, all the talk is when rates look like they’ll stop increasing rates and get a more bullish … Continue reading