1. A breakout to $2000 gold means what for silver? Is $30 a possibility? Wouldn't it be hilarious if RW's $2400/$37 by end of 2021 call ended up being right after all?
2. I would love to add more UUUU and NXE on down days. Too bad it rarely has them lol.
1. To me, $28 is the line in the sand for silver. $30 is a possibility but I don't have high expectations that it will get there before the end of the year.
2. This morning there was an opportunity to add to UUUU. It was a flash sale.
Could the resignations be tactical rather than being bullied out? Because if the resignations are now, then the Biden replacements end their 4 year terms a year and can be replaced 12 months after the next US election.
I don't see this as a tactical move. If that were the case, Quarles would have finished out his term. No, this is political gamesmanship with the money spigot. The dems need to have it on full blast if they want any chance at a booming economy come November 2022 and right now, the Fed is working on pulling the punch-bowl away.
Great post Alan.
1. A breakout to $2000 gold means what for silver? Is $30 a possibility? Wouldn't it be hilarious if RW's $2400/$37 by end of 2021 call ended up being right after all?
2. I would love to add more UUUU and NXE on down days. Too bad it rarely has them lol.
3. Scalp.... ah i see what you did there :)
1. To me, $28 is the line in the sand for silver. $30 is a possibility but I don't have high expectations that it will get there before the end of the year.
2. This morning there was an opportunity to add to UUUU. It was a flash sale.
Could the resignations be tactical rather than being bullied out? Because if the resignations are now, then the Biden replacements end their 4 year terms a year and can be replaced 12 months after the next US election.
I don't see this as a tactical move. If that were the case, Quarles would have finished out his term. No, this is political gamesmanship with the money spigot. The dems need to have it on full blast if they want any chance at a booming economy come November 2022 and right now, the Fed is working on pulling the punch-bowl away.