Not sure why we’re pulling back from the last couple days of gain in gold, just because they can I suppose, or maybe because every up day must be met with an equal and opposite down day?
Silver not down much. Dollar flat, treasuries flat, oil up 1/2%, Bitcoin up near 2% after recovering over the weekend. SM is of course up. Seems a rare occasion when SM futures are actually down.
Shares down, although nothing crazy. Going to have to see a day where the shares ignore the weak
metals and move higher, then maybe we’ll know that the metals are on the cusp of a bigger move. For now, the shares have been pretty pathetic with a few exceptions. Ridiculousness that the HUI is at 270.
Quickly approaching the dangerous months of summer when everything pm is usually taken to the woodshed via prolonged drip selling. Be nice if this summer was different.