The yield on the 10-year Treasury just hit 5.27%. It first hit 5% exactly two weeks ago. At this rate, the yield will hit 6% by Nov. 5, just two days after the midterm elections. By then the interest rate on a 30-year mortgage will be over 8%. That'll be a major issue for voters.
Inflation-sensitive markets are ripping because the Trump Administration pulled the rug out from under Warsh. No matter what he says about fighting inflation, investors now realize the Fed won't undermine Treasury by actually doing anything about it. Commodities now, CPI later.
The silver bull market from July 2025 to January 2026 was one of the most exciting times in my life.
I cannot believe i’m going to experience it all over again!
Thank you bankers for smashing silver back to $50 and giving us the opportunity to do it again!
See you at $150+ #silver by year end!
@philatkinson80 Come on lol. He had everyone FOMO in on June options and never said he was wrong . Said to keep buying physical yet he’s selling everything lower
This is not the end of the bull market. It is a half 8 year cycle low. This is, washing out all of the bullish sentiment that was generated at the top in January.
Any mention of a possible correction back then would bring out the trolls to inform me that I was an idiot. The "fundamentals" were to strong for metals to ever go down.
Fast forward 5 months and now all of those same people are convinced that the "fundamentals" have changed and metals can never go up.
The fundamentals have not changed. The only thing that happened is we've experienced a very severe profit taking event.
At the moment the bears are having trouble pushing gold below $4000. This may turn out to be the bottom, but we still need some follow through to confirm.
Once gold rallies above $4400 it will start a new pattern of higher highs. This is what we are waiting for.
Gold and silver prices are falling.
Q: Am I buying or selling?
A: One mistake I have made (and I’ve made many) is letting price determine reasons to buy or sell any asset.
I have learned to understand the “context” or the environment the asset is in….not the price.
For example, if the price of real estate is crashing, I look at job growth, up or down, and area around the property.
With gold and silver I watch our political and banking leaders. Are they solving the problems of the US and world economy or making things worse?
I think our global lesders are incompetent only making things worse.
So I am watching prices of gold, silver, Bitcoin, and Ethereun on technical charts and will buy when prices reverse their decline.
The technical charts on gold and silver show they are poised for a massive rise in prices.
Please do not believe me.
What do you think? What do you see?
Take care. Exciting times.
The smart will get richer,…the ignorant will do nothing…. Which might be the smart thing for them to do.
@garysavage1 This guy has more experience on parroting same defenses (crystal ball, 80% physical, options all/nothing) than risk management and trading. Since he lost confidence of active subs, he is investing on newer subs by referring huge potential markets.