Posted on 08/27/2019 12:21:03 PM PDT by NRx
Stocks: Most indices currently trading mixed in a very narrow range. Dow down slightly- S&P 500 up slightly- NASDAQ near flat.
Bonds: Bond yields continue to fall with the 10 yr T Note trading below 1.5% and the 30 yr Treasury below 2%. The dividend on the S&P 500 is higher than the yield on the 30 yr Treasury for the first time since 2009.
Oil: Texas crude $55.03 +2.53%
Precious Metals: Gold + $10.40 (.7%) @ $1547/oz. - Silver +$.47 (2.7%) @ $18.11/oz.
Note: The markets are still open and these figures are constantly changing.
(Excerpt) Read more at cnbc.com ...
I got a refi offer of 3.0% today, with no points.
Amazing.
And it’s real. Broker is ready to lock it in.
NUGT $43.45 +8.64%
JNUG $96.73 +8.54%
I think this is the cheapest money of the last 50 years, at least.
Maybe the cheapest money in history.
Starting about a year ago and running through June of this year I have been nibbling in silver whenever the price was below $15.00/oz. The silver gold price ratio has been (and remains) very high from an historical perspective which suggests that silver is somewhat cheap relative to gold. I think that little speculation is starting to pay off.
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