Loading ...Good night for pm’s though.
Silver has traded in a whopping $3 range. Was down as much as $1.95, and up as much as $1.16, currently up $.57
Gold was down as much as $37 and up as much as $36. Currently sliding back down $17
Still, PM’s are the only things other than bonds that have been up tonight. Bitcoin has recovered half its losses, but still down 3%
Clearly London took the opportunity to cover some shorts in silver.
PM shares are being obliterated in the premarket and look way overdone to me. Not in line with the metals at this point. If the metals continue to outperform today, I believe these shares will be bought with both fists down here.
Action in the Crimex will be quite telling.