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Reversal complete

Posted by Buygold @ 4:36 on March 20, 2023  

Gold came screaming back and got as high as $2,011, before settling in at around $2K spot – up $11. Silver is the weak sister again, still down $.13 with the other commodities. USD is flat. I’d guess rates are flat too, but haven’t seen quotes just yet.

Oil getting whacked again, it’s in freefall, down another 3.5%, to $66.

The real action is in the SM where the futures now down over 1%. They’ve got some work to do. I guess everything isn’t “fixed” just yet. The first day of spring may be a rough one for stocks.

Bitcoin up over $28K after some weekend buying. Trying to act like a safety play?

So, as I’ve been typing this, silver has reversed and now is up a penny. Gold up $14. Good stuff folks!

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.