The gold and silver markets surged higher again on Wednesday, continuing their stunning rally once again. Just a few days after the gold futures blasted through the $4,000 per ounce mark, they’re now up another $58 to $4,222.

But when he (Bessent) accused a Chinese vice minister of going “rogue” and “unhinged” under the guise of “Lone Wolf” diplomacy, the breeze turned hostile, and the markets listed to starboard.

GBP/USD found room on the high side on Wednesday, clawing its way back to the 1.3400 handle after a near-term dip into the low end that saw Cable briefly battle the 200-day Exponential Moving Average (EMA) near 1.3290.

With one quote, JP Morgan’s CEO Jamie Dimon created a mini-firestorm even if in this case, anyway, he was just saying what everyone is thinking.

The USD/JPY pair tumbles to around 150.85 during the early Asian session on Thursday.

With three recent dividend cuts and an expected dividend payout that is still miles above the amount of net interest income the company generates, AGNC’s dividend remains very unsafe.

EUR/USD traded with gains on Wednesday, up by 0.35% and above the 1.1600 figure for the second straight day as the Greenback is pressured by firm expectations of rate cuts by the Fed and the escalation of the trade-war between the US and China.

Silver’s recent surge isn’t a scandal it’s a system under strain.