Loading ...yes, I agree, the big moves down are meant to terrify anyone wishing to enter the Crimex. What bothers me is that they are still able to crush the metals at will.
Mostly yesterday I was referring to the performance of the shares. Gold fully recovered the previous day’s losses yesterday and the HUI bounced a whopping 4 points after losing 12 pts. the day before.
The shares have usually been predictive of the move in the metals, apparently that’s not the case anymore? They act like garbage. Either that or we’re headed back down in the next few days.
Jobs report tomorrow, not sure I’d be too comfortable – even if it’s gold friendly. If it is and gold moves higher, they’ll be waiting in the weeds Sunday night. No way they let pm’s rise going into a Fed meeting. Especially if they intend to cut. This pm market is so unbelievably rigged.