GOLD 0.51% $1,391.7 gold futures

gold, page-90492

  1. 13,079 Posts.
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    Interesting juncture here

    USA long rates are soaring
    Ecb qe and thier rate targeting sees their rates go supa negative- yet thier currency still races ahead

    the differential between USA and euro rates is quite large now - we could see a reversal in usd as many from euro land sell euros- sell hedge and grab some of that margin

    blistering moves in what has been a dramatic everything up excluding usd market

    there is even talk by o e fed member refuarding tapering bond purchases- didn’t see that signal coming for a while

    was hoping slobadam trumposovich got tapered but suprised the fed is now beginning to have any member use the word “ taper”— it’s not like every single thing on the planet has exploded up- oh wait

    crazy times indeed -
 
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