Today's Soaring POSX

There's a reason why we watch the dollar index so closely and try to guess/predict which direction it will move next...and you're seeing why today.

And this is no fun at all. For the past two weeks, nearly every podcast has discussed the possibility/likelihood of the POSX breaking its downtrend and moving toward 105 and then, if that we to happen:

  • Comex silver, having broken its 50-day MA, might go to $21
  • Comex gold, following silver's lead, breaking its own 50-day and the heading to $1840
  • and now here we are

Again, this is no...

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

37 Comments on Today's Soaring POSX

Subscribe or login to read all comments.

Support TFMR

Donate Buy Silver

Access Subscriber Benefits

Listen to TFMR on the go in your favorite podcast app, and join our member-only forum discussions!

Key Economic Events Week of 6/12

6/13 8:30 ET CPI
6/14 8:30 ET PPI
6/14 2:00 ET FOMC Fedlines
6/14 2:30 ET Jerry presser
6/15 8:30 ET Retail Sales
6/15 8:30 ET Import Prices
6/15 8:30 ET Empire Fed Manu Idx
6/15 8:30 ET Philly Fed Manu Idx
6/15 9:15 ET Cap Ute & Ind Prod
6/15 10:00 ET Business Inventories
6/16 10:00 ET Consumer Sentiment

Forum Discussion

by rem, Jun 9, 2023 - 1:31pm
by argentus maximus, Jun 8, 2023 - 9:16am
by argentus maximus, Jun 6, 2023 - 10:39am
by argentus maximus, Jun 6, 2023 - 10:32am
by AGXIIK, Jun 4, 2023 - 1:51pm
randomness