Loading ...Dollar sure decided to spike. I’m surprised gold is still hanging around $3300. Silver flat is a surprise.
As we’ve been seeing for a while, these big hits to the shares are coming on low volume.
They finally got around to beating the crap out of AG – First Majestic. No real surprise there, they’ll push it back above $6 next week. Same thing with HL, it’ll be back above $5. If things weren’t so ugly in the shares, it would be above $5 today.
Hard to say if this is anything other than a normal Fed meeting reaction.
We’ll see what the Chinese say tonight.
maddog – AG missed on earnings by a penny. Everything else about revenues and earnings were OK. Same thing they did with HL.