Post by
tdsb on Nov 16, 2021 6:12am
What's Hot-What's Not
In overnight trading gold is up very close to $1875, headed towards $1900, crypto's are down 7-8%, and the 10 year Treasury Bond is at 1.6%. I hope you are seeing what I am seeing, gold is a safe haven, as well as shares of gold miners. The 10 year note is a disaster for bond holders, like I said with inflation currently running at 6.2%, bond holders will start running for the exit and some of that bond money will find it's way into the gold market. As far as crypto's are concerned if they crash, and crypto's are extermely volatile, some investors in the crypto market will be turning and looking at gold for stability and a return in this crazy world. Gold looks to be on the cusp of heading over $1900, and a new high. CHEERS!