Oil up 5%, dollar up (but mostly recovering from yesterday’s pull back), rates up 3 bips.
I guess that’s a good enough reason to trash pm’s.
As deer79 mentions, they’ll trash it before during and after if they can, because that’s always been the game.
Looks like shares go back and test the lows yet again. I love pm’s. Even in a parabolic move they go down half the time. In corrections like this they go down 98% of the time. Not a lot of joy to be had here.
The silver market is tight you say?
