A: All commodities got destroyed the past two days in what appears to be a combination of liquidations, or the unwinding of speculative/hedged trades, PLUS the fed’s new found methods of targeting the credit markets without the negative effects to the US dollar. Lets discuss.YES, the fed cut its discount rate 100 bps and the funds rate 75 bps in the past week. But these are not normal times. In the past 9 days where we saw a bear get shot & killed, check out all the stimulus that the f[...]
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[Source: The Money Blogs]
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