I suppose since the 10 yr is up a few bips, that’s reason enough for gold to sell off $14 at the moment. Not sure those rates will stay up, and definitelyu not sure gold will stay down. PM shares are down slightly with silver flat.
Oil snapping back, up 1.5%, Bitcoin up $200 – call it flat.
No eco data that matters to us today.
A pause in the shares wouldn’t surprise after two monster days. Metals may pause too, although neither metal had “monster days” this week. Silver should take a run at $38 at some point today unless rates skyrocket.
Everything shaping up to be quiet as of now.
