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Now that we have war why arent we seeing spikes PM,S ?
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<p>[QUOTE="medoraman, post: 26762914, member: 26302"]I take it because China and Russia central banks were driving them up to put pressure on the USD, and now that Venezuela and Iran has massively changed their calculus. They are treading water waiting to see what happens. </p><p><br /></p><p>If you look at Central Bank purchases, that explains a lot of runups and bottoms. The 1990s were so cheap because so many central banks were sellers into the market.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 26762914, member: 26302"]I take it because China and Russia central banks were driving them up to put pressure on the USD, and now that Venezuela and Iran has massively changed their calculus. They are treading water waiting to see what happens. If you look at Central Bank purchases, that explains a lot of runups and bottoms. The 1990s were so cheap because so many central banks were sellers into the market.[/QUOTE]
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Now that we have war why arent we seeing spikes PM,S ?
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