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
Day: June 16, 2020
3 Amigos: Gold, Silver & Copper
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:
NFTRH+; Fed & Trump Admin: Keep Dancing!
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