OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

Eco data is a mixed bag

Posted by Buygold @ 9:08 on December 12, 2024  

PPI came in hotter, but jobless claims missed big – 10% higher than expected 242K vs. 220 expectations

Looks like the markets are wrestling with the numbers rates coming back to flat and the dollar slipping a little.

Scum had already beaten silver back below $32 so mission accomplished there, they’ve now taken out $2700 gold. PM shares down a little over 1% in most cases. Hard to know if we’ll give it all back today, looks like it right now though, as they keep dropping the bids on GLD and SLV.

SM trying to inch positive, that thing is never affected by negative anything.

I’m not convinced the dollar is going to hold up today, but the dollar hasn’t mattered much in awhile.

Would be nice to make a comeback for a change, but I guess that’s asking too much. I have zero doubt that the SM will go positive though. 🙂

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