Thursday, June 8, 2017
Seems GDX and GDXJ are reinflating now that there's some idea of what they'll look like after the rebalance. Let's see if they can show some resilience today with gold down $10.
Meanwhile, here's news:
New Deal Demoncrat - never rely on just one indicator. On how it's dangerous to rely too much on the yield curve.
FT Alphaville - Marvin Goodfriend is okay. On how Trump's pick for the Fed might not be a dangerous lunatic.
Brad DeLong - Marvin Goodfriend is not okay. On how Trump's pick for the Fed might yes be a dangerous lunatic. Basically, he was a fuckup in 2012.
BBC - Mozambique police warn bald men after ritual attack. Well, at least we're not Mozambique. And to think we've been drilling all those holes in desert mountains looking for gold, when it's been hiding in bald men's heads all this time!