🥈 Silver trader, single dad, retired navy⚓️ - all things metals, trading, investing, space, and traveling into the unknown -- Gen X
Copenhagen, Denmark
Joined December 2010
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Correlation with oil and bonds seems to be sliding out of the algos, indicating rotation may be 'near completion' imo. If we get an Iran deal, we might be off to the races...
Yup... that's what I'm thinking too... very close to a bottom here! And the FOMC yesterday indicating a deal could be just around the corner.
Bond yields going down again...
The US 10-Year below 5.000. Precious metals seem to have broken the inverse correlation somewhat, but so far only on the way down! 😬🤷♂️
Yeah... the only thing there was hints to him following Trump and 'sacrificing' control on inflation - but it's no surprise.