Loading ...Hey Scruff – I read that article yesterday on ZH and don’t know what to make of it. Seems like the last time the CME made some big moves our pm’s got crushed. OTOH, that was from much higher levels and it would be just like the CME to protect the banks from any big upside moves. I guess the plot continues to thicken.
Goldie – that was an excellent article about the SDR and the new Bretton Woods. Makes a lot of sense, the question is what role will gold play if any in a basket of commodities?
I see the USD is weak this am yet gold is doing nothing. I guess we should be happy it’s not getting smashed with oil. Maybe the best we’re going to do with weak oil and SM is not go down too much.
Silver has been impressive lately though.