Loading ...The day after a Fed meeting and we’re seeing some upside action to start the morning. Very strange, we didn’t get hit yesterday, and aren’t getting hit today. That’s a break from Fed tradition.
Gold up near 1%, silver near 1.5%. Dollar is flattish, but rates are down 5 bips, threatening to break below 4.5%. Oil is flat in the mid $72 area. Bitcoin up 1.5%. SM up some but not running away.
PM shares very firm premarket.
Who knows Winedoc? Maybe the CDNX starts running today. We did just install a wealthy hedge fund manager as Treasury Secretary whose largest position is gold, maybe he’ll defend it and put a stop to the manipulation. How wonderful would that be?