Not sure why I can’t find stocks like JJN that make those sort of moves – impressive.
Didn’t expect gold and especially silver would recover from the overnight lows but apparently, they have, and with some gusto as gold got to $2025, silver smashing through $26.
The shares look a little tired to me so we’ll see if we can get them moving. This has been the quietest move to $2K, financial TV has mentioned virtually nothing, which is probably a good thing.
The USD is taking a breather finally. They’ll try to squeeze some shorts in the SM but I don’t think they’ll do it.
Just saw that rates are screaming higher – 10 yr. up 9 bps and pm’s are still higher. Right now it appears gold is teflon and is correlated to nothing.