GoldFix: Silver Squeeze Irony

This is a free preview of a paid episode. To hear more, visit vblgoldfix.substack.comHousekeeping: Good Morning. Bretton Woods Three is a Process, Not an Event Today:Why did Gold and Silver go up, The irony of a Silver SqueezePremium: Very important take from a bankYesterday’s Activity:US equities mostly fell on Wednesday, weighed down by tech shares. PPI is todayMarket Commentary: * Rate cut fallacy, Why Gold and Silver Rallied, Japan may be the trigger* The irony of what may be triggering this silver rallyVia Bob ColemanGold and Silver did not rally because of Fed cut expectationsThey rallied because Real yields have dropped and macro funds decided now was the time to get longThey have increased in correlation with the Yen, implying this is based on Japan’s possible next move to strengthen the yen by letting rates rise.This would be bearish for the USD if it happenedPrice Action* Gold- dips were bought* Silver- SLV shorts are panicking* Miners- time to like them is here* Oil- keeps on* BTC/ETH- spoof to buy * Stocks- relentless* Bonds- strong.. but reals are dropping * Dollar- watch the yenMarket News: * "The House voted overwhelmingly to approve a bill on Wednesday that would ban TikTok from operating in the U.S. or force a sale, setting the stage for a final showdown in the Senate, where lawmakers signaled a more cautious approach on the legislation." Source: WSJ- Trojan horse* Waymo will begin offering a robotaxi service to the public in Los Angeles this week and in Austin by the end of the year.- Tesla* BoJ will discuss whether to end its negative interest rate policy as pay hikes by major companies bring the central bank's 2% price stability target within reach. Furthermore, with more BoJ policymakers embracing the idea, the decision is seen coming down to the results of Japan's annual wage negotiations* Top MSM News Links GEOPOLITICS* US reportedly held secret talks with Iran over the Red Sea attacks with indirect negotiations in Oman aimed to end strikes against shipping by Tehran-backed Houthis, according to FT.* Taiwan and China authorities both dispatched teams to join a rescue mission after a Chinese fishing boat capsized near Taiwan-controlled Kinmen Islands on Thursday morning, according to Taiwanese press.* Philippines President Marcos and US Secretary of State Blinken to meet on March 19th to discuss cooperation and security matters, while Marcos vowed to defend maritime rights in the face of a 'more active attempt by China to annex some territories'.Some headlines via NewSquawk or DataTrekData on Deck:* MONDAY, MAR 11 None scheduled - BTFP outlook* TUESDAY, MAR 12 CPI Feb.* WEDNESDAY, MAR 13 None scheduled * THURSDAY, MAR 14 U.S. retail sales, PPI Feb. * FRIDAY, MAR 15 8:30 am Empire State manufacturing survey Premium Attached: * GS gets real on GoldDo not share this