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Gold & Yen's Perfect Desert Storm
Yen strength still eclipsing USD rebounds during risk aversion. while gold's ascent is better gauged against currencies other than the US dollar.
Expect them to be out PIMPING equities higher anytime soon.
Do we go long from here, or short down to 1040.....?
Waiting for the word from the man...
Either way we can expect some recovery from today, but then what ...
They said buy sterling at 1.6450 two weeks ago. Today it hit 1.5750
Amazing.