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Message: Metals prices slammed today

A blow-out jobs report cut gold and silver prices deeply this morning; other metals prices are down too, but not as severely.

Such news suggests that the Fed was too early in easing off the interest rate accelerator on Wednesday.  It means that rates will continue moving higher longer than expected just two days ago. 

Recently lowered mortgage interest rates are quite likely to be moving up again soon, IMO.


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