The metals were higher today led by silver.
Next Thursday January 26 is an option expiration for gold.
Here is the current list of option expirations in the metals.
As you can see in the stock commentary below I think the market is looking tired and a bit toppy. It may have another move up left, but now is a good time to get defensive again on equities.
I am still running the long bullion - short equity indices paired trade, and increased the bearish weighting a bit into the close.
