Loading ...That’s the only way I can describe yesterdays’ action.
Despite the USD up, and the 10 Yr. rates ripping higher to 1.635% up 11 bps, gold managed to come back from down $20+ to up $5 and silver from down $.80 at one point to down $.16 at the close.
HUI even managed to close up a point.
Far better than I would have expected.
Here’s the COT Report – Moving in the right direction, albeit slowly