the inflation numbers were ugly, I’m a little surprised silver is up a few cents. Dollar isn’t up much either, surprising.
Everything in the markets feels like a slow drift higher towards doom, everything intentionally marching forward toward the abyss. PM’s have already experienced the abyss over the last decade and are just about to come out of it.
They’re hitting NEM in the premarket to keep things and the HUI in check. HUI 235 is stiffer resistance than I thought it would be. Shares just waiting for gold to move, although silver should have given them the green light.
Here comes the dollar…