Take physic, pomp

Chart of the day is……..

…spot gold.

A bit boring and unoriginal, maybe, as if you’re a market-following investor you’re likely to get this chart thrust in yer face several times today.

The highly inflationary nature of “Benny’s Chinese Put” should be clear by now. Sure the dollar sunk in heroic style, but by way of another screaming example the gold/silver ratio bumped from 70 to 73 while the laddie was doing the ouroboros announcement.

Anyway, I thought I’d stick this chart up just before NYMEX opens in New York. Have fun and play safe today, yeah?

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