Loading ...Rates haven’t really followed too much. It’s almost as if someone in the gold market knew the dollar would rally. Nah, couldn’t be… 🙂
Might be a good day to step away from the markets and enjoy the summer weather.
Will be interesting to see if the dip in the shares gets bought.
The 50 dma in SLV sits at $33.50, We’ll open just above $34. If the bull continues, I’d expect us to bounce at the 50.
GLD isn’t so impressive, it appears we will break the 50 at the open this am, GLD has been in a tight range between 300 – 316 for the last month and a half. Would like to see $300 hold.
Hopefully this is just a short, sharp correction of a couple days.