Silver is up 1.4% this morning.
September Fed hike odds have collapsed from ~50% to 30% in a week.
Retail sales just fell 0.6%.
Jobs fell in July.
The dollar is rolling over.
Yet the 10Y is STILL around 4.7%.
The short end is already telling us the Fed is losing room to tighten.
If the long end finally follows?
That’s when the Silver trade gets really interesting.
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