Gold garners glow; stocks go whacko
On the off chance you somehow missed this past Monday's early morning tweet with Gold then wallowing about in the 1920s, here 'tis:
Enthused by it all, as email-queried a most-valued charter reader of The Gold Update: "When is Blast-off Time?" We responded in part as follows: Either way, 'tis good to see Gold getting a bid as"'tis said" inflation is shutting its lid, the Dollar Index in turn having just traded to as low as 99.260, a level not seen since 05 April 2022.
But wait, there's more. "Twas also reported this past week that the larger StateSide banks face growing loan losses, for which Fed ViceChair of Supervision Mike Barr says more capital shall be required. From where does that come, hmmm?
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