Loading ...Little better start to the day than we’ve seen most of the week. Gold up $16 and silver up another $.27 and heading back toward $39.
Dollar is down a bit and going to test the 50 dma to see if it can hold. 10 yr is down a bip to 4.44%.
Oil is up 1.3% above $67. Bitcoin down $500 still in the stratosphere at $118K. SM futures just north of flat.
PM shares are firm premarket. Buying the dips has worked for the shares.
The big winner is palladium again. Up $51 or 4%. Wondering if potential sanctions on Russia are the cause of the recent strength.
No real eco data that matters to us this am. Housing starts and oil inventories.
NAK getting slammed again premarket, down 34% and back toward yesterday’s lows of around $1. Hopefully Ipso will have some news on that one. There’s a helluva dip to be bought.