FelixDeCat
Lifer
Market pulling back on fears of higher input costs, etc, etc, etc
Markets now off 2% ...
Markets now off 2% ...
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Silver is down 20% today! Gold lost $450/oz today. 😱
New Fed? Buying Microsoft with a rebate? 😛Someone fill me in. What is happening with Gold and Silver?
New Fed? Buying Microsoft with a rebate? 😛
Apparently his name is Kevin Warsh.People gambling that the Fed Chair guy is just sucking up to Trump and isn't going to do what he wants.
I think Cramer is calling the top for silver and gold, saying we are at overbought levels not seen in decades. To hear his analysis you can listen to "Mad Money with Jim Cramer" on Alexa for todays date. Sometimes there is a one day delay.
What he said was interesting but he said if he is wrong silver could continue to rally to $135 per ounce. 😱
Another probability is that $100 silver and $5,000 gold may be the "new normal" and we may bounce around these from now on.