Loading ...can we hold the gains? I have my doubts because the dollar is up a bit and has been moving up steadily the last couple of hours. The SM futures are also down a little, so I don’t know. 10 yr down a bip.
Nevertheless, gold is sitting at $2609 and silver at $31.30, up $23 and $.46 respectively. They were a little higher earlier but not much. Good to see for sure. The shares are firm, but not crazy, NEM up 1% premarket.
We’ll see who blinks when the Crimex opens. I know the funds added shorts in the last COT as the banks covered, but that was a week and a half ago.
Hopeful, but won’t be surprised if they take us back down. We know how they are with round numbers.