​Gold Hits New Record High, Bitcoin Battered As NVDA Earnings Loom – Tyler Durden

Gold Hits New Record High, Bitcoin Battered As NVDA Earnings Loom Consumer sentiment lifted modestly today (headline Conf Board) but under the hood it was a shit-show with labor market weakness accelerating and purchasing-plans puking. Regional Fed surveys were also ugly (as home prices hit new record highs). That ‘bad’ news prompted a dovish shift in rate-cut expectations (with attention once again shifting to 2024 from 2025)… Source: Bloomberg The slight easing sent gold to a new record high… Source: Bloomberg Treasury yields were mixed on the day with the short-end outperforming (2Y -3bps, 30Y +2bps), which dragged the 2Y…  — Continue at ZeroHedge News : Read More