Loading ...Yes, very tough day.
I picked up a little this am when it looked like it might run against the market, so $2.20 for me.
As for the sector, we’ve definitely have the spike bottom but no sign of any type of reversal on the way. Rates and the USD continue to crush us, like everything else. I picked up some GFI down here just in case but I’m not confident.
Funny that the funds are seemingly making money on their shorts. Silver continues to try, but gold just doesn’t seem to have the support.
I see oil is taking a huge bath today down at $83. It was just $89 a couple days ago. I’m not sure I understand that – maybe the rate increases are working. If so, the economy may be cratering even faster than we think.