Probably a good move. I have to agree that gold could get to sub 1290. Hoping not but WTFDIK? – Absolutely nothing…
Not a bad day for the metals considering the persistent USD strength, but not a good day at all for the shares considering the metals strength.
The USD is up 1% this week and the metals have hung in there. The shares are listless and not confirming anything. The strength in the small cap silvers disappeared today.
One more day of the Chinese New Year, tomorrow could be really ugly or half way decent but somehow I doubt it will be “listless”