Then again, when have pm’s ever been a flight to safety? Never.
The SM is getting hammered for 2%, so pm shares get crushed for 6%. It all makes total sense with gold down less than 1%, but still above $5200 and silver down another $5, but still at $85. Beat the life out of the shares because the SM is down.
Oil up another 5+% above $75 (also bad for miners).
Bitcoin coming to its senses down $2200 or 3%.
Sell your assets folks, buy USD’s because they’re so safe.
This will blow Trump’s highly touted economy to bits if oil keeps going and the SM falling. Nice work.
