We were expecting a pullback today but we weren't expecting this....as the Bankers desperately smash price backward after an overnight rally that saw multiple new highs in multiple fiat currencies.
Hopefully, you listened to the Wednesday podcast. With Countess Lagarde hiking rates and speaking today...just as Jerry did yesterday...we were expecting a bounce in the POSX that would actually more related to euro weakness than dollar "strength". And that's precisely what has occurred. Look at this. The POSX is now all the way back up to where it was when Jerry started flapping his...
