every time there’s a story out about a disruption to the supply of Gold/Silver ( in this case “tariffs”), it’s really a signal that the scum are about to hammer the markets for a nice downdraft………
who leaks these stories anyway???
every time there’s a story out about a disruption to the supply of Gold/Silver ( in this case “tariffs”), it’s really a signal that the scum are about to hammer the markets for a nice downdraft………
who leaks these stories anyway???
although silver has come well off the lows. Gold has hovered down $40 for a while now.
SM futures were up more earlier but they are fading as we get near the open. Looks like Crypto was all the rage this weekend as Bitcoin is back above $120K.
Oil was down 1% earlier but now flat. Dollar is on the positive side of flat, it’s been on either side all night. Rates down 2 bips.
No eco data today, CPI is tomorrow.
PM shares down 1-2% in the indexes.
Might be a good place to pause for a day or two and see what the dip buyers do.
ChatGPT shares getting murdered in the premarket, down 27% on earnings and restructuring news. Maybe they ought to ask it how to make money on their platform. 🙂