No surprises. London taking it to gold and silver. We aren’t giving it all back yet, but no doubt they’ll at least make a good dent. Gold getting hit harder down $16 as of now. Silver down $.14. Dollar bouncing back. The 10 yr got down to 4.05% yesterday. Still there this am, but guessing it bounces higher as well. SM futures mixed, QQQ’s up almost 1/2%, DOW flat.
There’s a bit of eco data out today, but don’t think it will matter either way.
So, the beat goes on, although from a little higher levels than a few days ago. Glad to see we popped above $2400 though, been a good week so far. Hope it stays that way, but won’t be surprised if it doesn’t.
BTW – Alamos Gold (AGI) also came out with earnings yesterday. I missed it. Nice beat for them $.24 vs $.19 estimates. Stock being rewarded early, up 3.7% premarket. That’s nice to see. AEM flat, KGC down 1% or so.