PPI comes out tomorrow and is probably going to be less than expected. Producer prices will fall before they get to the consumer.
Let’s see how they close us, this sucks but is not as bad as I thought it would be with the USD so strong. Silver is pretty strong, normally we would have given up yesterday’s gains already, but not today.
Knock on wood.
Ipso – I’ll probably pick up some more today – I have a pretty small position. CFVI is bucking the trend, the weakness in the SM hasn’t even phased it. I had this, got a good pop and then sold, but I need to put a position back on.