Loading ...whether them or the LBMA, they’ve managed to turn gold south for nearly $30, trying to hold $4900. Silver is still up $1.75 and hanging onto $98, but they’ve bled half the gains out of it as well.
PM shares are mixed but mostly up from what I watch. What’s interesting is that the big ETF’s GDX and GDXJ are being pushed down more than their components.
Dollar is flat. Rates flat. Bitcoin flat. Oil down. SM down slightly.
Looks like their intent is to keep things tame going into the weekend if they can. Although it’s going to take some work to get silver down. Shanghai pm fix was $111.40.
We wait for $5K until next week.