Loading ...with the dollar soaring. Has me wondering whether the dollar pullback is over. Rates are flat. I wonder if the dollar rally is more of a function of the Yen getting smashed than anything else. The SM will open lower, as will pm’s of course. They have to because the dollar is a great excuse!
A lot of time left in the day, we’ll see how much we give back in the shares. We’ve already given back the gold gains and most of the silver gains, but still, a lot of day left.
The SM is ready for a serious ass-whipping. We’ll see if it is forthcoming.