You Have to Invite the Vampire Into Your House

A vampire needs to be invited in order to enter your house. So the story goes. But in this case, we are talking about the Macro house, with its nexus in the USA and its Central Bank. You see, the Federal Reserve inflates money supplies as a matter of doing business, which is why I noted so strenuously in Q4 2018 that Jerome Powell’s then-hawkish … Continue reading You Have to Invite the Vampire Into Your House

GaryMay 31, 2019May 28, 2021

Gold

Gold… Not That You Needed Me to Tell You This, but…

The daily futures chart is breaking the top wedge line that was created after the previous false breakout above the SMA 50. Apparently there is this bull in a China, Europe, Mexico shop and that bull is breaking things. Apparently the pressure is building on the Fed (through said bull and tanking interest rates) to try to mitigate the fallout damage. Apparently gold senses something. … Continue reading Gold… Not That You Needed Me to Tell You This, but…

GaryMay 31, 2019