This change in Fed expectations from 4.0% down to 3.25% (.75% decline) on the Fed Funds rate has been accompanied by a .70% decline in the 10-year Treasury bond yield and..
Oil and gasoline prices continue to fall. That’s relieving some inflationary pressures, yet gold is surging in a dramatic rally from my $1675 buy zone.
It is estimated that quant-oriented commodity trading advisors unwound nearly $100 billion of bearish stock-bond bets recently, helping the world’s biggest markets to recover from their worst half in history...
If I’m wrong the risk is minimal, but if I’m right the reward will be worth taking the risk at the very bottom. This is how you get 5 to 10 baggers in the PM complex.
Indeed we oft wonder if the six-figure folks at the banks actually do any honest economic analysis. The optics are that they do not, instead choosing to parrot one another with what they see on TV.
