Almost looks like the dam broke today. GLD up over $11 and showing no signs of letting up. Spot up $98.40.
A 3% up day in gold would be unprecedented. I don’t know if shorts piled on GLD on Friday and are covering now, or this is contracts on the Crimex. Either way, it’s a beautiful thing. Dragging silver with it today.
and the shares just get cheaper…
edit: spot now up $103. Almost makes me nervous
