seems we’re snapping back some after re-testing the $2300 level for I believe the 3rd time. Might make sense as to why some of the gold shares rallied a little yesterday. Almost uncanny that the scum is always right in advance of the direction in pm’s whether up or down.
There is some eco news that will definitely move markets today. They’ve bumped the estimates on weekly jobless claims, so I wouldn’t count on those to be bullish. However, there is also a durable goods and GDP report out today, they could miss and maybe hit the dollar – which is a bit weaker right now.
We’ll check things out at the close, because that’s all that matters.
edit: whatever the numbers were, they appeared to be pm neutral. Favorable at first, but now neutralized. Funny to watch all the bid/ask games go on with GLD and SLV. They switch them all over the place without a single share trading. Almost as if none of them were even real….nah, that couldn’t be, that would be illegal spoofing.