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gave us a $5 pop, then took it right back. Silver looks good, up 1%.

Silver may be just what the Dr. ordered.

March 24 (Reuters) – A steep selloff in banking stocks hit European indices on Friday as worries about the stability of the financial sector intensified, with the news of a U.S. probe on Credit Suisse and UBS further souring the mood.

https://finance.yahoo.com/news/1-european-stocks-fall-deutsche-101957138.html

First u blow up that pipe line, then u cause a bank crash….anyone would think a demented idiot was in the Oval office.

I see DB is minus near 10 %….this is the beast that has either 17 or 70 times German GDP in Derivatives……ie it is too big to bail….and it is full of dirty linen…

I see that it is CDS’ that are driving this move……why they still exist is beyond me…..

No wonder the mkts are reacting.

FOX Business noting that DB’s stock is falling, as it may be the next domino to fall. That would explain the weakness in the futures market and the Euro markets.

I don’t know if I missed it or things just turned but the SM futures are down pretty hard.

Rates are also down hard. 10 yr. @ 3.29% Dollar still up near .5%

European markets are ugly as well.

Oil getting crushed for 4%

Appears it may be an exciting day.

You may be right about the scum, maybe $2K will be a struggle. GLD has an RSI right around 70 now, no doubt it’s vulnerable.

I just don’t see a single thing that is bearish out there for pm’s other than the USD and rates.

I still see us getting above the HUI 250 level before any pullback. Just a guess.

edit: Well hell, in the time it took me to type this, gold has come back to flat and silver up $.13. Looks like silver is the key.

Waking up to a little weakness this am, but nothing too scary. USD getting some upside follow-thru from yesterday’s late day rally. Would think we’re looking at rates that are slightly higher as well, but can’t confirm just yet.

Silver might just surprise us today to the upside, as it is flat. Never know but now up $.04

We’ve managed to recoup the week’s early losses, hopefully a sign of good things to come.

How the West was won
https://railpictures.net/photo/810215/