HUI looks decent but they are selling the small caps into the close. MUX leading the charge to the downside. Was hoping it wouldn’t break $1.85 but McEwen is their whipping boy.
This is a tough spot. We’re holding up well considering how strong the USD, Treasury rates and the Stock market are today.
Maybe R6 is onto something with the GDP coming out Friday?
The Fed desperately needs a weak data point so they can cut into it.
To me, it looks like the rest of the world is trying to destroy the US economy by inflating the USD. But what the hell do I know??