As I have shown about a half dozen times, gold is now moving almost exactly opposite equities, this is what I meant about what happened since I wrote about futures last night.
Gold is the candlesticks, ES is purple, the futures falling last night, or starting a "U" turn is seen at the red arrow then the halt after I went to bed, gold should have moved down, but it moved up just as if the equity futures where still falling...
Is interest rates about to start going up?
-
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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