Rates keep rising, LOTS of havoc globally. Gold is stuck. OPEC talking about cuts. Russia will acquire carious regions by October fourth.. It is hard to get overly bearish on gold with all that is going on.
Market after market getting taken down. American goods are being priced out of the market with the Dollar. This is all engineered by the Fed.. Central Banks. Gold has no trend..
To think that #Bitcoin can come back anytime soon is defying history. It would take at least 10-15+ years for it to recover in price IF IT IS EVEN A VIABLE asset.
According to UBS, platinum has diverse end uses; 85%-90% of palladium demand is for automotive catalysts. Since April, there has been a 36% recovery in ICE passenger..
Can things get even worse? Yes! This past week the DJI broke 30,000, gold broke $1,675, oil broke $80 and the US$ Index soared to the highest level since 2002. DJI, gold and oil are all pointed..
The Dollar took off and everything around it cratered. Everything priced in Dollars suddenly gets a lot more expensive, bearish. The break in the energies is going to be short-lived. Bonds are screaming that ..
By the Dollar Index (which is all the rave) having settled out its week yesterday (Friday) at 112.820, how far is that below the all-time high? Answer: -32%. Since 1980, the population of the U.S. has risen +49%; by how much..
Central Banks doing all sorts of moves. Just about every central bank raising rates except Japan which intervened instead. China, on the other hand, is looking better.