Stocks And Precious Metals Charts - Hold On To Your Hats
The 3Q advanced GDP number came in light enough to make investors think that the Fed will not reduce its morphine money injections to the markets through their Banks anytime soon.
But it was not bad enough to discourage hopes for outsized corporate credits to make up for last year.
Gold and silver are still being held down firmly below key overhead resistance.
The drain on physical gold in Hong Kong is getting serious again.
Time to scrape out the ETFs (again)?
The Dollar dropped in keeping with the feelings about Fed dovishness.
Hold on to your hats.
Have a pleasant evening.
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Disclaimer: These are personal observations about the economy and the markets. In providing information, I hope this allows you to make your own decisions in an informed manner, even if it is from ...
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