Loading ...up over 2% right now. It’s gone from $3.75 to $3.91 in the last week. The copper stocks a strong (because they actually follow the metal) with the large caps up 3+%
Dollar was down most of the night but has now flipped positive because the 10 yr. is up 2 bips above 3.90%. So go rates, so goes the dollar I guess.
Silver up 1%, gold up a few bucks. Hard to see that lasting if the dollar persists in strength. So, we’re still straddling around the 50 dma in GLD and the HUI. On the fence, as usual.
The game hasn’t changed, paper still trumps rock.