Loading ...Good call on the DOW, I didn’t think it would come back today. As for gold, I’m not sure it’s predictable to the upside, so I was pleased to see it sort of hold up although I did think it should have been up more. As for the shares, they had a great day but the HUI has big resistance at 135 – chart wise, sooo… I expect it will be sold there. JMHO.
Anyhoo, something appears to be breaking in world markets because there is no way that the 10 yr. yields should be stuck at 1.86% and not have risen with the SM.
Currency wars appear to be game on, whether that will ultimately be good for gold in USD terms is anyone’s guess. I sure don’t know.
Best