Revelation 9:19
Our bipolar markets had a risk on day today.
Stocks had been wallowing, but caught a bid and ran up to the highs in the late afternoon.
Gold and silver attempted to rally, but ended up just marginally higher.
And the dollar was down just a bit.
The physical gold inventory in Hong Kong Comex warehouses is fully restocked. Mission accomplished.
Even though the metals themselves barely moved, the big cap miners caught a bid this afternoon and rebounded strongly from the pressure which they have been under since the option expiration.
Some times this presages a move higher in the metals themselves.
Let's see if that happens next week, or not.
It was 81° here today, very sunny with very strong winds from the West.
After the day long rain which we had, the yard seems to be bouncing back to life.
And so we have Spring.
Have a pleasant weekend.
