Loading ...up another $30 after being up almost $60 yesterday, although it’s still a couple hundred below gold. The chart is a horror show, with a bottom nowhere to be found.
Platinum has been strong as well, holding steady around the $1K mark, it’s held up better than palladium.
At the end of the day, it’s all about the silver. I suspect when silver goes, we’ll continue our March higher. Up 1% now. Hoping that pullback is about over as well.
GLD down 6%, SLV down 8%, HUI down 10% roughly in this selloff so far. Is that enough?
NEM lead yesterday and looks decent in the premarket. See if we can get a repeat performance.