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POST-ELECTION, U.S. STOCKS are on a tear (DOW is up nearly 1000 POINTS), GOLD soars another $39/ounce, while the DOLLAR SINKS LIKE A STONE
Posted By: NaturalWisdom
Date: Thursday, 10-Nov-2022 16:52:21
www.rumormill.news/211100
In Response To: Lionel: "The Election Results Are In" [56:15 video (cc)] (hobie)
For some reason, SILVER is not participating in today's market rally (unlike GOLD), while BITCOIN rebounds from recent losses. TECH STOCKS (as conveyed by the NASDAQ average) are leading the rally in equities...
P.S. Weren't higher interest rates supposed to strengthen the Dollar and weaken the demand for "risk assets" such as Gold? Meanwhile, there is new strength in the bond market. Everything is upside-down-and-backward
-NW
Market Last Change %
--------------
30yr Bond 123.65625 +3.34375 +2.78%
Corn 657.75 -6.25 -0.94%
10yr Note 112.390625 +1.781250 +1.61%
Soybeans 1437.75 -21.75 -1.49%
Bitcoin 17400 +2350 +15.61%
Natural Gas 6.071 +0.118 +1.98%
NY Silver 21.298 -0.035 -0.17%
https://www.ino.com/
Thursday Nov 10, 12:00PM EST
S&P 500
3920.60
+172.03 +4.59%
Dow Indu
33500.32
+986.38 +3.03%
Nasdaq
10978.47
+625.29 +6.04%
Crude Oil
86.92
+1.28 +1.49%
Gold
1748.555
+39.530 +2.31%
Euro
1.01741
+0.01476 +1.47%
US Dollar
108.333
-2.216 -2.00%
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SOURCE
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Articles In This Thread
- Lionel: "The Election Results Are In" [56:15 video (cc)]
hobie -- Thursday, 10-Nov-2022 12:16:04
- POST-ELECTION, U.S. STOCKS are on a tear (DOW is up nearly 1000 POINTS), GOLD soars another $39/ounce, while the DOLLAR SINKS LIKE A STONE
NaturalWisdom -- Thursday, 10-Nov-2022 16:52:21
- Bloomberg: STOCKS Skyrocket in BEST Post-CPI Day on Record Attributed to Investor Expectations that the Fed can reverse its Rate-Hike path
NaturalWisdom -- Thursday, 10-Nov-2022 16:53:11
- Reuters: Dollar on track for biggest plunge since 2015 as investors exit crowded positions
NaturalWisdom -- Thursday, 10-Nov-2022 16:53:11
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