Gold was up $38 at one point a couple hours ago, now up $26. Silver, OTOH was up $.33 @ $34.52, but now is flat.
I’m not sure what we’re seeing here. Hopefully it’s not an overnight spike followed by a reversal. Seems that’s the way they usually end our rallies. If so, I think it would be temporary, but a pain in the arse nonetheless.
Shares are still firm, but also down off earlier levels. Not a surprise, as the SM is set for a rocky open.
Good to see us up, but old wounds make it hard to trust.
Rates have reversed course over the last two trading sessions, down a healthy 15 bips. Oddly, the dollar has come back up to flat this am.
Seems that no matter what happens, they need to keep silver from getting out of hand.
