Loading ...Just saw your post. So, it sounds like the LME closing is a nothing burger. LBMA will still be providing cover for the crimex?
Anyhoo, no clue now how far we fall. Maybe $1780 may hold for a bit, but the carnage is ugly in this little sector and now littered with some shares – mostly small caps that are making new 52 week lows. How is that even possible with gold above $1800?
BTW – Target is getting crushed after a poor earnings report. Down 25% or so. Walmart had an earnings miss as well. Costco bucked the trend and rallied. I’ve never really seen a 25% drop in any of the S & P 500 companies. Might just be the beginning.