Loading ...Gold is the new strong man holding above $5500. Silver was up, then down, now flat. Crazy action.
Definitely moving with the dollar though, as the dollar is trying to turn higher from the lows of the night.
If they can pull off a waterfall in the metals today, no doubt they’ll do it. Their problem is that Shanghai closed up at $135.61. They can’t sustain a $20 gap against a physical, cash and carry market. JMHO. No doubt they’ll try.
PM shares open early trading on an up note. SM up. Oil up another 2% and bears watching. Crypto is the only thing that’s down this am.
It looks like it’s all about the dollar to me right now.