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Title: Oil & Gold Soar On Week, But 'Good Data' Wrecks Rate-Cut Hopes, Slamming Stocks & Bonds
Source:
zerohedge
URL Source: https://www.zerohedge.com/markets/o ... ut-hopes-slamming-stocks-bonds
Published: Apr 5, 2024
Author: Tyler Durden
Post Date: 2024-04-05 18:53:29 by Esso
Keywords: None
Views: 132
Comments: 2
Edited for only gold [Esso]. Gold had another huge week, rallying to a new record high above $2330 (spot). Gold is up 9 of the last 10 days and 6 of the last 7 weeks... Gold is screaming that something bad is coming (inferring negative real yields - something we have only seen deep in crises)... History rhymes... Poster Comment: I've got a lot of friends in "Bidenomics" trouble. I'm short of cash after Prez Pedo fucked me on income taxes, so I went and saw my coin dealer Solly and turned in a couple ounces of Au. He clipped me for ~$100 going out, don't know what the premiums going in are, but last time I sold, maybe a couple years ago, he paid me spot to sell. Fuck it, he's gotta make money too. It's just the cost of doing business. I can't give anybody checks anymore thanks to Prez Pedo's new tax bullshit, and I'll be damned if the folks I'm helping out get in trouble with the feds if I can't write it off on my taxes, so cash it is from now on. You Can't Take It With You (1938) [Free on EweToob for now] That's pretty much how I run the Secret Airbase nowadays... Cute movie. Dr. Kimmy sent me flowers today. I hope they're for my birthday and not my funeral... Maybe it wasn't from Doc, there was no card. Hmmm.
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On Canadian Maples, APMEX is getting a $60/oz premium. Supply must be good.
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Top • Page Up • Full Thread • Page Down • Bottom/Latest...don't know what the premiums going in are...
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