GoldFix

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GoldFix
Gold Jumps to New ATH of $2,324 as this was Being Written

Gold Jumps to New ATH of $2,324 as this was Being Written

Post NFP: An Optimistic Comment For America and Gold

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VBL
Apr 05, 2024
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GoldFix
GoldFix
Gold Jumps to New ATH of $2,324 as this was Being Written
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Meanwhile, Gold should be higher if stocks are higher. bonds should yield more as things recalibrate.

UPDATE: I sat down to write this at 9a.m. read the footnote for context, as gold is now up $30!1

9:00 A.M.- Post NFP Data

The Jobs number came in strong, but stocks did not react as if it implied the Fed would be stingy. This, despite bonds reacting that w…

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