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Message
GLD Change in Character Today
Posted on 9/21/22 at 3:20 pm
Posted on 9/21/22 at 3:20 pm
Dollar up, rates up (not the long end), gold up
Sure looks like bottoming tails on the chart
Interesting
Sure looks like bottoming tails on the chart
Interesting
3
Posted on 9/21/22 at 4:13 pm to Hussss
It's about damned time. I guess investors are finally getting the hint that the Fed isn't backing down this time and all the cries of "it's going to hurt" isn't dissuading them this time.
Posted on 9/21/22 at 5:08 pm to Bard
SLV up a couple percent today
Posted on 9/21/22 at 5:09 pm to Hussss
I think we’re gonna be living in mud huts by 2025
Posted on 9/21/22 at 5:27 pm to el Gaucho
How's the view?
Posted on 9/21/22 at 6:54 pm to Hussss
Needs 250% jump just to get back to 12 and 40 + yr old highs.
Posted on 9/21/22 at 10:42 pm to Bard
quote:
the Fed isn't backing down this time and all the cries of "it's going to hurt" isn't dissuading them this time.
Posted on 9/21/22 at 10:54 pm to TigerFanatic99
So is the dollar about to fall or is the almost uncanny inverse relationship going to end? Not sure how I feel about gold at the moment, just curious
LINK
It's pretty crazy how that chart basically just lags QT and QE
LINK
It's pretty crazy how that chart basically just lags QT and QE
This post was edited on 9/21/22 at 11:00 pm
Posted on 9/22/22 at 11:20 am to Hussss
If, when, it goes below 1500 I’ll get me some back. Historical drivers and the charts both look like shite
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