It started.
The rumor mill. If the UK can lose the triple A status, why not the States?
It started.
As venom it’s spreading. The dollar is sliding. Central Banks are sneaky selling their Treasuries. Ben will have to announce much more QE.
The de-leveraging continues.
And it looks uglier by the day.
A part of Europe was enjoying a holiday, yesterday. Next Monday the States are not in. A light Friday. As it is all week. Volume is light. Dollar weakness is met with strength of oil and gold.
The strength in the gold price is met with a good performance of the goldminers. The ratio between those two is favoring the latter. This is a good sign for the ongoing rally.
The rumor mill. If the UK can lose the triple A status, why not the States?
It started.
As venom it’s spreading. The dollar is sliding. Central Banks are sneaky selling their Treasuries. Ben will have to announce much more QE.
The de-leveraging continues.
And it looks uglier by the day.
A part of Europe was enjoying a holiday, yesterday. Next Monday the States are not in. A light Friday. As it is all week. Volume is light. Dollar weakness is met with strength of oil and gold.
The strength in the gold price is met with a good performance of the goldminers. The ratio between those two is favoring the latter. This is a good sign for the ongoing rally.
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