Tuesday , June 18 2024
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Gold and silver…BOOM!

Summary:
Lots of FOMO buying going on.

Topics:
Mike Norman considers the following as important:

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Lots of FOMO buying going on.
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

12 comments

  1. Bang on point again mike, im feeling cautious too. Prefer that 5% risk free yield right now and a bit of short duration which hopefully will give a nice boost when they start to cut

  2. @kenttorres9465

    Good stuff Mike, thanks!

  3. Thanks, Mike!🥰

  4. Thanks for the insights, Mike.

  5. @barrymcbrush5452

    Looking forward to this Sunday's MMT Report!

  6. @barrymcbrush5452

    Mike Rocks! Join our team!

  7. @barrymcbrush5452

    If you have been following Mike for any length of time and you haven't joined MMT Trader, you should give it a shot! I have been a member since 2021 and only regret not joining sooner.

  8. @tradewithsonic

    Great Stuff As Always. Sire

  9. @user-it1mc3nq7h

    ❤👁

  10. @adamblackwell524

    The US stock market is the biggest fraudulent ponzi bubble every created in the UNIVERSE.

    Nasdaq is up something like 80% in a year. That has to be one of the most digusting bubbles I've ever seen.

    Edit: NIke Shoes are now $250 dollars hahahahahahahahahahahahahahaha. What a disgusting ponzi bubble. I remember when they were $60 bucks.

  11. No market crash before the election. It will be spend like no tomorrow in the months running up to election day.

  12. I went to my LCS today and he had zero gold. I bought 5 ounces of silver today from him. Not kidding, he was selling silver for $32 per ounce because he has a bunch of it. One of the bars I got was a Halloween 1976, which commands a high premium on eBay….sometimes you get lucky when you hit your LCS!

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