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Odd

Posted by Buygold @ 4:09 on May 8, 2026  

Silver back above $80 right now. Gold up too. Both are well off the night highs though. SM futures higher, dollar and rates a little lower. Oil up $.50. PM shares up slightly pre-market.

Kind of odd action since the war is back on.

It takes so damn much energy for pm’s to sustain a rally with all the endless selling that goes on. They never should have given back the gains yesterday into the close, but here we are back at $80, instead of $82.

Jobs report Friday. Trump needs a good one and he’ll probably get it, so this little move higher in the overnights will likely evaporate.

FWIW

Shanghai
8 May 2026
AM
PM
$90.20
$90.82

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.