ST Alpha - "Gold down $54 an ounce. That's the kind of stuff that makes me do a puppy dog head tilt." (Reading a Post)

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Gold down $54 an ounce. That's the kind of stuff that makes me do a puppy dog head tilt.

Posted by Bacon (aka Redmond) Mar 12 '20, 07:04

As explained, consumers won't be buying as much gold. But it's usually a haven for safety.

Responses:

Looks like the mortgage rates have bounced - Will Hunting Mar 12, 07:27 2
- Here is a link to an article about why that's happening -- (link*) - Bacon Mar 12, 07:43
- Goddamnit. - znufrii Mar 12, 07:42
Similarly the bond/treasury stuff, normally inverse to the market have been getting hammered -- nm - oblique Mar 12, 07:23
Even with that it’s still up $100 in the last month. It’s a bit volatile at the moment, which scares folk. -- nm - mafic Mar 12, 07:15

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