By Cory Recapping the Fed minutes and the COT report for silver
The Fed minutes had a couple interesting highlights that included a discussion on unwinding the balance sheet as well as a comment on stock valuations. The minutes did move stocks in the way you would think (down) but only for a short time. Yields did not react how they should if the market actually believed the Fed would be unwinding the balance sheet. Craig Hemke and I discuss these factors as well the COT report for silver… Open interest is almost at record highs again.
Download audio file (06_Apr_2017-Craig-Hemke.mp3)
Source:: The Korelin Economics Report
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