NFTRH Update, Risk Still ‘On’, Commod’s Hard Down, etc.
The US economy is relatively strong and short rates are rising harder than long rates. This implies a continued ‘risk on’ environment. This is theoretically bad for gold but generally precious metals miners still remain constructive, technically, for a rally at least and a major bottom at best.
Comments Off on NFTRH Update, Risk Still ‘On’, Commod’s Hard Down, etc.
January 8, 2014