Loading ...Spot gold sitting at $1938, futures $1943. Silver only up $.10
Who knows if we’ll hold these gains – it’s still early -but as Goldie mentioned, we did not break the T/A bottom – at least in the HUI. 225 should have been it.
The USD is sliding again this am, not all that much but still down against the other fiat in the basket.
10 yr. is back below 4% to 3.96% – that may be helping us and the SM as well.
Energy and metals up across the board, nothing crazy. BHP and RIO moving up, as copper is up $.012.
Just hoping the oasis we’re seeing in the distance is not another mirage. It’s been a long time out here in the desert with no water. Hard to get too excited until we see the whites of their eyes.
As I’ve been writing they’s taken silver back to flat. There’s no easy roads for us – ever.