Craig Hemke – Has The Recent Pop Higher In Markets And Commodities Just Rolled Over Again?
Craig Hemke, Editor of TF Metals Report, joins us to discuss the recent rollover in the general markets and commodities, on the back of the CPI inflation reading today, continually shifting Fed policy expectations, and a rising US dollar and interest rates. While these macro factors are in play, it is complicated by further conflict in the Gaza Strip this week, as well as a number of technical factors on the charts. This all adds up to a difficult market for gold and silver investors to navigate, with many mixed signals. After only a few days of rallying, starting last Friday after the NFP jobs report, today was a continued drubbing for investors positioned in the precious metals stocks. We look forward to what economic data could change things up, and in particular the health, or lack thereof, in the financial sector.
.
So, it goes on day after day week after week, when will this market break. When it does it will look like a good old fashioned street fight, anything is better than the doldrums. The Fed is keeping this market buoyed. Can The Fed make America safe for dividends, rising stock prices and inflation. LOL! DT
I’m going to steal Jerry’s thunder it’s Friday the 13th. Gold is up $20 this morning, a pressure switch must have gone off! DT 😊
Yes. A Freaky Friday indeed….
Some kind of trick …
Ha. Freaky Friday Again 😁😂🤣👻👻👻 ⚡⚡⚡⚡💫
Have a wonderful day 😊😊😊
Gold and silver up and bond interest rates down. We have been hacked !
(Just saw “Big Banks Beat Expectations on the cartoon channel”. How low were expectations?)
Nice open … then 60% walk back in 15 minutes. I guess old habits hard to break.
Not Intervention Report: Schwab account now has 50% green, 50% red with 100% retracement of the open. Gold up over $50 (up 25% from open). Gotta love it.
Yes…. finally got a nice pop up 💫🤔
Must be going to have a lot of mischief over the next few days
Gold now + $60 and my Schwab account went to – 1.7%. Algos triggered on cost of wooden shoes in Holland.
same old, another day like today and gold over 2000 with sector equities, the past darling dregs in particular, largely sitting in limbo.
Hopefully a resumption of a dollar rally and yield rise doesn’t make golds exuberance a one day wonder.
content in holding what I have, other than a day trade, lots of time to add if this thing for real.
DXY staying strong….That makes life easier at the grocery store and at the pump. Makes it easier to add physical metals and still time to get more Uranium shares.
Ukraine, Maui, Hunter, House Speaker, East Palestine, Ohio, insolvent Banks, Cocaine in the White House and so many other stories conveniently out of the news completely….It’s my suspicion that an awful lot of peeps getting faked out…whether its FOMO or just they’re just plain being deceived by the MSM.
I can believe an ounce of Gold in my hand will be an ounce next week….can’t say that about much else these days.