Dave & other BTers
some weird combo going on in the world of:
-Inflation being stickier than Reserve Banks's want OR say publicly (I wish someone had thought of that at the start of the year hey PB! )
-Interest rates staying higher for longer than promised .... may even go up again before they come down
-Impacts the attractiveness of $ USD
-Impacts all sorts of "things" in ways that is "beyond me" .... BUT of concern to this bunny may have halted the increase in the POG (&, of course caused it and silver to break out in the first place.
-I note significant tumbles overnight in lots of "things" inccluding PM's, Uranium, copper ..... might of been too much for many ... (I notice cannabis index up 10 % overnight)
-Have a look at a long term USD JPY chart below .... extraordinary 60% spike in value in 3 years, 100% in 10 years and back to 1990 levels ..... fram where we are told there economy "stagnated for 30 years" and their SM 1/2ed.
-make sense of that lot if you can! Its why I (sort of) gave up even 1/2 trying to understand funnymental analysis (FA) post GFC and (try to) stick to drawing a few lines on charts. (TA)
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