sounds like it is no longer significant at least as gold is concerned. All these currencies seem close to a reckoning; I just wonder who will push the world, if anyone, toward a system backed by commodities.
The usual next day action for pm’s, going nowhere fast. Silver looked like it had some potential overnight, but has done the usual fade after the London open.
Dollar flat, rates up 2 bips, oil up a buck and change. Pick anyone and the pm correlation is down.
Course, the SM futures are on their way up again, because, why not?
