It’s early yet before the SM and Crimex open, but we’re up around 1% in both metals in London.
Shares are strong premarket led by NEM and GOLD. Maybe the HUI will bust 265 and head toward the next big resistance around 280. After that comes 320. Again, it’s really early.
I find it curious that we’ve been up the past few days even with rates ticking up. Rates down a little today, but not the last few days. ZH has been talking about shorting bonds lately, not sure if that makes sense as it seems likely the Fed will be huge buyers of treasuries in the coming months.
Bitcoin is down a couple % surprisingly after a big day yesterday and being strong over the weekend. SM flat.