Weird overnight session. At one point gold was down $50+ and silver down $.60+ but we’ve recovered somewhat to down $8 and $.22 respectively.
Dollar losing steam after recovering yesterday. Oil getting crushed, down 4%. Bitcoin down 1.7%. SM futures down some.
There’s a slew of eco data coming out in a few hours – weekly jobs, PPI, Philly Fed, & Retail sales. All potentially market moving.
Keeping an eye on rates, the 10 yr is down a couple bips, sitting on the all-important 4.5% level.
PM shares down but seem to be recovering some with gold.
Miles to go before the SM open. We wait.
