Comex gold traders haven't worked it out yet. Bonds popped a little so they sold off gold. The FED cant raise rates and need to keep buying bonds to keep rates down. The US budget is coming up and they cant pay for it without more printing. They tried to sell it off last night and it turned back up. Its cheap and inflation is on a tear. I am not here for that, but its part of the ongoing theme.
Ann: Change of Director Interest Notices, page-12
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