If Russia backing the Ruble with gold doesn’t end up helping the gold price, I’m not sure what it will take other than the Crimex closing.
We have some work to do to get back to flat on the day, not sure we’ll make it. I thought gold might snap back a little faster than it has.
10 yr about to eclipse 3% – no help. USD up again too.
and then we have the economy slowing and housing slowing with it. Recession is here.