Loading ...Glad to have some company here this am.
You’re probably right, scum is going to fight the double top if they can manage to avoid the persistent buyer – whoever that is. I still have no idea what they’re going to do with those half million short contracts if the COT’s are to be believed.
You know, with the recent strength in gold, I’d think our little site would attract more visitors. Maybe it’s a good thing it hasn’t yet.
The jobs report was a huge beat and was obviously leaked as gold dumped $12 a minute before.
Looks like a “normal” jobs report beat down for the metals so far. We’ll see if the shorts use this as an opportunity to cover or if they can create a waterfall. Silver of course getting hit hardest because it’s always the weak sister, but the pm shares don’t seem to be all that worried.
I’m betting another 1K plus down day for the DOW.