This is an update to a chart I posted last September
Trading View updated the scale for ON RR so I'm reposting the idea so we can watch the rise/fall in playback.
Wall Street banks are now drinking the market liquidity cool-aid.
I wonder which one will be the first to implode this time.
2006-08 was a time of idiots without Money
2020-22 will be the time of...
Hello Traders,
I hope you all are safe and good.
I wanted to show an interesting negative correlation between Fed's Overnight Reverse Repurchase Agreements and Gold Price.
You may also see a FRED GRAPH about that on below,
fred.stlouisfed.org
Question is ; Will there be much more weakness on Gold Price?
I guess we'll see that soon.
Share your ideas...