The markets feel like they will break one way or the other from here. It frankly feels like things could get hot to the upside. But those pesky long bonds keep rising. Maybe just shorts covering. Alot of the time when something is expected by too many people they end up upsetting their apple cart and the market goes on without them. But TLT is up and that is or has been the warning of weakness in the stock market....
Silver up. It either takes off to the upside or does the mother of all reversals here. The price is at the same place where the wild run to the top commenced last year. SLV is the leader, SLW is the follower....
So things are not adding up. Yet.
Control risk,
gh
@ 0852 PST
Here is another possible indicator of inflation expectations rising.
gh
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All comments are appreciated as it will give me a chance to adjust my content to any real people who may be out there. Thank you. gh