Loading ...Above $72 this am up $1.82
Dollar down a little, mostly against the Euro and Sterling, up against the Yen. SM up a little. Silver trying to bounce back some. Gold and Bitcoin flat.
What’s odd is bonds selling off, rates rising, up near 5 bips to 3.8%. That might be a headwind for gold.
What if rates start to rise against the Fed cuts because nobody wants our bonds? Well more cutting and QE of course.
Good stuff on the HUI Maddog.