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NedZeppelin's avatar

Read Tom Luongo, Gold Goats and Guns and his recent podcast on gold. But his “Theory of Everything” is essentially that Powell’s higher interest rates are targeted to kill the offshore “eurodollar” and you’ve provided the sense of scale I needed. Far bigger than the domestic market. I believe the TOL calls for those USDs to come running home, to the extent they are not wiped out by ridiculously high leverage. The German Bond’s interest rate is a joke. As is Japan’s. These are interesting times.

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Steve Mudge's avatar

The juniors, at least some of them, are getting creamed, good time to load up.

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