It seems – just as we have seen since The Fed’s December rate-hike decision – that The Bank of Japan’s “shock” decision not to pour more punch into the global equity bull’s bowl overnight has sparked another leg higher in the market’s indicator of monetary policy incompetence. Gold and Silver are surging back near cycle highs…
Precious metals are leading the way post-BoJ…
With Silver topping $17.50 once again…
And gold is back within $30 of Goldman’s “Short Gold” Recco ‘stop-out’ level.
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