Loading ...There’s a hint of peacefulness in the air. 🙂
SM futures mildly higher. Rates and dollar flat. Oil and Bitcoin down a little. PM’s flat with shares drifting up with the SM.
No real important eco news on the table, seems like a quiet Wednesday, hopefully not the calm before a storm.
Looking forward to pm share earnings in a few weeks to see how much of an impact the higher prices will have on earnings. Not a full quarter of higher prices, but close to half. If I remember correctly, First Majestic held off on selling some of their products in Q1 for higher prices. I’d think they are selling some now, but holding off was a good move.
Hopefully this rally continues shortly with $100 up days that exceeds all expectations. 🙂