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Copper Went Through a “Short-Squeeze,” Is Silver Next?
video Overnight, the Precious Metals are lower after yesterday’s blowout rally. Many of you took positions off the table yesterday; congratulations for actively using proper risk management. Overnight, stocks are sliding globally as treasury yields spike and fading expectations weigh in on the next interest rate cut. The “higher for longer” theme continues, with some Fed officials discussing the possibility of an interest rate Hike! Wow. The devil is in the details, so let’s look at the CME’s FedWatch Tool from our website. ... (full story)