Loading ...Nice comeback for silver, but just not up yet. Gold has been pretty solid all night, but it’s come back and now up some too, but not enough yet.
The pm shares always know, they were strong into the close yesterday and strong this am when the metals were weak.
Looks like a weak open for the SM might be helping too. Bonds are being bought, 10 yr. @ 4.368%. Oil back around $67 down 2%. It had a pretty nice bounce. Bitcoin down $1600.
Right now, it looks like pm’s and bonds are the only game in town and things are working as they should be. Unfortunately, the scum is ever present and not allowing things to get out of hand to the upside.
PPI comes out in 30 minutes. No doubt it will probably have an impact.
We should be doing better than this though – as usual.