Bullion is hovering near a four-week high as the fallout from U.S. House Speaker Nancy Pelosi’s visit to Taiwan keeps markets on edge, the article explains.
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.
