Friday, June 07, 2019 10:59:22 AM
Horrible jobs report , market goes up expecting a rate cut .
Expecting a rate cut the $USD tanks .
$USD tanks .... GOLD goes up "modestly" .
GOLD goes up "modestly" JNUG (miners) .... = MEH ..
Also ... announcement of tariffs on Mexico , market goes DOWN .
Yesterday "white house" hints tariffs may be delayed = market goes UP .
Yesterday , after market closes , "white house" states tariffs NOT delayed .
Today ,,, tariffs back on ... market goes UP ....
I don't get it .... ( as usual ) .....
Oh yeah ... for those "worried" about the upcoming "split" ,
you can always rotate your funds from JNUG to NUGT before it happens .
Enjoy the weekend >> M
" I can't complain , but sometimes I still do . "
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