The reason I mention GLD is because the fulcrum event of the day was Bernie's testimony and the market's sentiment toward that testimony should be reflected in GLD first.
GLD 1 and 2 min near new leading negative lows, should be seeing a turn down soon, I suspect the market won't be too far behind it.
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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