Korelin Economics Report

The International Safe Have Play Of US Stocks, USD, and PMs

The markets yesterday were fascinating. US markets up (especially tech), USD had a big move up, while precious metals also put in some gain lead by silver. Chris Vermeulen, Chief Investment Strategist over at TheTechnicalTraders.com shares his thought on an over safe haven play from international investors. The PMs along with all things US moving higher, or at least holding gains, in the face of a more hawkish Fed. This could also be a reason for metals stocks to be muted. We discuss it all.

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