Just like we all knew it would. I guess because the retail sales beat expectations 0.4% vs. 0.3% expectations, driven by inflation no doubt and causing bonds to be sold a bit. Funny that the dollar hasn’t gone any higher than it was earlier.
No matter. Shares realized the metals were down and cratered with them.
If we don’t get a reversal here today, I have no doubt they’ll take silver back to $30 and gold $2500 and HUI under 300. It’s the American way.
I best take some time away. May better times visit the tent.
