$37 falls without much effort and busts up to $37.50. Gold doing its part, up $22.
Surprising with the dollar higher and rates up 4 bips. Also with the SM futures down.
Course nothing can beat Bitcoin which is up another $2300 and bearing down on $120K. I guess we can thank our crypto president for that.
Oil up .7%, palladium having another big day, up $34 – almost 3%.
Silver shares are outperforming premarket. The ones I watch are up around 2%. The gold shares are a lot less impressive. GDX up 1/2%.
As always, it boils down to whether silver can hold the gains. Never a guarantee with the manipulators in charge. I suppose if they want to take it back down, they’ll hit gold first.
Nevertheless, interesting action in all markets going into the weekend.
