Very interesting read. Will be interesting to see what happens with the Fed’s support for small banks ending Monday. The problem is no one knows how bad the situation is at the smaller banks re commercial property loans, deposit reductions, lower market value of treasury bonds, etc. The situation could be really bad or under control.
Uncertainty breeds a reaction from investors that results in them seeking safe havens - treasury bonds and maybe gold or even crypto.
The next few weeks may be interesting from many angles and cannot rule out a fall in POG.
