Loading ...Dollar up .2%, so appears it still has a little juice. I like to use UUP as a proxy, there’s a big gap just above here at 28 – 28.10 that it looks like will be filled, probably today. 10 yr. is flat.
They’ve got gold down $8, sliding right back down through $1965, (that was such tough resistance) silver only down $.04
Oil is up over 1% just above $76.50
Too early to get a sense of the shares and where they are. The SM is up a bit, even the Nasdaq. Then again, it’s up almost every day and has been for years.
So, while we watch Rome burn, gold continues to be held in check, because it is simply the single most important asset in the world.
ZH has an article by Doug Casey that I haven’t read, but from the headline it sounds like he doesn’t think the BRICS gold backed currency will fail. I’m not a Casey fan because he’s an arrogant prick. Doesn’t mean he isn’t right though.