Stocks were trying to keep piling on their gains, but alas, a dodgy Treasury auction and some of the usual hawkish burbling from Joltin’ Jay Powell triggered the rinse cycle. Gold and silver tried to rally but were caught up in the same wave of bipolar pseudo-hawkishness and ended up lower on the day. rose.These guys vacillate between greed and fear based on very little or nothing changing from the Fed.It’s part of the great wash and rinse.Have a pleasant evening.(Click on image to enlarge)
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Stocks And Precious Metals Charts – A Dodgy Treasury Auction
