With the horrible NFP, the market looks pretty bad on the open, it's not the best time to make assumptions as to where it will be in a few hours.
What is interesting in GLD is up, clearly the QE crowd has taken the NFP bad news as market good news, we'll have to see if that sentiment is fostered as the initial knee jerk reaction gives way.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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