State of the Market
The market continues to rally as the Fed lowers key lending rates.
The oddest thing about today’s action was LOWER treasury yields… What The Fuck?!?
The action in Treasuries is mystifying, but it isn’t stopping me from trading gold and silver related stocks. The USD has been getting trashed, and while I expect a few bounces, the writing is on the wall. We’re still in high risk territory, and the whipsaws will continue, but I’m buying the dip in the strongest sectors.