Gold Funds Take Profits, Banks Lock in Losses
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Housekeeping: Good Morning.
“The Gold reset is a process, not an event”
Today
* Discussion: Gold Funds Take Profits as Banks Absorb Losses
* Premium: Capitulation or not?
Discussion: Funds Take Profits as Banks Absorb Losses
Funds are unwinding positions from a position of strength, taking profits while banks step in as buyers. The same banks that absorbed losses over the last two weeks are now locking in those losses by buying back.
News/Analysis:
Markets Recap:
NVDA Earnings- Q4 revenue topped estimates…
The skinny
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