1# LiuMM
LiuMM 你太厉害了,偶对你的敬仰如。。。。。。。
After a record rally since March, the second pullback finally got into the picture. Unless the true recovery occures early, current disappointing policies are wearing off confidence.
You wouldn't see such a rally into the treasuries if stock market risk is low and the whole country is facing unprecedented debt.
Gold and silver had been preparing a run-up for a while, as the economy getting stabilized, the deflation risk along with the downside risk of precious metal dropped,. Thus on the chart, we saw a bullish triangle.
If one have missed the stock rally and you are getting more and more concerned about the greenback, precious metals seems to be one of the few things one can still chase (I am not saying that you should chase, I am just explaining what's going on). |