Watching the VXX this am. It’s actually up a little. Normally we’d see it getting crushed with the SM futures screaming higher like they are.
As far as pm’s you are right this is all about the rig. Seems those COT’s are a pretty good indicator after all.
Looks like GG may have had some good production numbers, you’re right again, the insiders had this info at least a week ago.
The other weird thing is I’m seeing a few other shares that are up premarket – ABX, MUX, AG
If for some reason the shares were able to pull off a positive day with the metals down, I’d think that would be pretty bullish.