We know Powell! We know
Thanks for admitting it 18 months after we knew this 🙄.
Well markets surged yesterday during and after Fed meeting. I believe we have not bottomed yet and this is a correction up in a bear market. That said times are strange and so I closed my UVXY position for a profit whenIt started reversing. I kept a small position ( 20% of what I had) but for now watching and will rebuy possibly later. Metals are not doing much or down a little bit due to the Fed cycle it looks. It’s after the Fed must reverse that I think metals and crypto will take off. Short term I don’t think anything is for sure.
I’m back to buying silver once a month. I sold some other positions to build some USD for buying stuff on sale if we crash lower like I’ve been thinking. Cheers
Edit - good thing I kept some UVXY! It’s up 20% today…
Price Checks ⬇️
(11/20am, the rest when posted)
I don’t see Gold going much lower. Maybe we could see $1780.00 as a pretty solid low. I think the risk is low.