With Jerome Powell doing this... And with Trump pondering another cool $Trillion (on infrastructure spending) on top of the off the charts monetary and fiscal stimulus that can only happen…
Gold: counter-cyclical, risk 'off' qualities, defensive w/ some inflation sensitivity. Silver: cross dresses between counter-cyclical and cyclical, more offensive within the PMs, inflation sensitive. Copper: cyclical and sensitive to cyclical…
Insofar as we participate in financial markets the Fed's message is simple: Keep dancing! The moment the relief rally took its first hard pullback last week they got on it;…