No offence PF, but you tealeaves readers make me chuckle. not a macro comment anywhere in your thinking or your post. Just numbers and squares.
Macro considerations are
the effect of impending NSFR rules applying to the LBMA banks from January 1, 2022
price support due to increased demand for gold bullion by central banks.
continued debasement of USD due to US Fed printing $100M / month to purchase US bonds, to keep the US Govt "solvent".
A growing awareness that inflation is multiples higher than nominal interest rates, causing capital to look for other investment avenues, including gold and silver.
Hows that for starters.
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- Commodities
- gold
No offence PF, but you tealeaves readers make me chuckle. not a...
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