It’s puzzling why gold is up so much right now? Maybe it’s from fear of something coming or just squeezing out the shorts from the gap down a few days back? Just don’t know what to think about that as the market and gold usually move together.
So if gold continues higher how is the market going to sell off? Also odd is that the dollar isn’t tanking equally like gold is rallying, which could indicate that the dollar isn’t buying into gold’s rally and that it might not last past today.
Being a Bear is tough as you never know if the stream you are sticking your toes in has trout in it or not. I’m just about ready to stick my toes in this stream as the trout look plentiful.
If we close at 1419.60 on the SPX or ES then all hell’s coming tomorrow.
probably a good idea to hedge with it just in case something drastic occurs to commodities+ typical election rally
It’s puzzling why gold is up so much right now? Maybe it’s from fear of something coming or just squeezing out the shorts from the gap down a few days back? Just don’t know what to think about that as the market and gold usually move together.
So if gold continues higher how is the market going to sell off? Also odd is that the dollar isn’t tanking equally like gold is rallying, which could indicate that the dollar isn’t buying into gold’s rally and that it might not last past today.
Happy Fishing Anthony 🙂
This bear has now just jumped into the stream looking for trout…
I’m in. lets hope for some good news tonight…for bears anyway
Being a Bear is tough as you never know if the stream you are sticking your toes in has trout in it or not. I’m just about ready to stick my toes in this stream as the trout look plentiful.
I’d stick with one of the etf’s on the overall market and leave gold and silver alone personally.
Yeah- theyre just always wildcard/double edged swords.
tonight should be interesting though. Thanks
Don’t know about Gold or Silver Anthony but I would think they would follow what the market does.