Loading ...They managed to bring the dollar back up, so they’ve got the excuse. We’ll probably start to see some volatility now. That was some serious early volatility in the dollar and the bond market today. Rates are all the way back to flat. Seems non-sensical to me with a SM selling off. I know the US Dollar currency market is tough to manipulate because of scale, but something went on today.
Unfortunately, it gave license to the guys on the Crimex to pound silver into oblivion. My bet is that gold recovers and closes back above $2500, but they did the usual “safe haven” hit job there to.
Something wicked this way comes, I have no idea what it is, but seems with violent moves like we’re seeing today, something is going on. Maybe we’ll find out after the close as usual. Going to be a hellluva Sunday night/Mon. am. I wonder if the Plunge Protection Team is still operating these days.