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Teasing us higher

Posted by Buygold @ 6:47 on December 3, 2024  

I wasn’t around for the close yesterday, doesn’t look like I missed much. Although it looks like Bitcoin went back down after rallying to flat around $97.5K, also continuing down 1% this am, just below $95K now. I guess there’s some folks willing to dump anywhere near $100K – no real surprise.

Dollar easing back a little this am even though rates are up a couple bips. Silver sitting right at $31, up $.44, Gold barely moving, up $6 and still below the $2650 level it gave up yesterday. The shares are up a hair. Of course, nowhere close to gaining back the losses of the previous day. That’s just how they roll.

Nonetheless, it is nice to see that we aren’t continuing down from yesterday and that silver has held the $30 level and is leading the way higher this am.

SM flat, oil up over 1%, Markets just seem quiet, like they’re on auto pilot. No doubt BlackRock flying the plane.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.