NAV Premiums of Certain Precious Metal Trusts and Funds

The Central Fund of Canada is going to need to raise short term cash levels at some point. Historically they have done this through secondary offerings.

Gold Daily and Silver Weekly Charts - A Little Higher On Negative Rates Concerns

Tomorrow there will be an option expiration on the Comex for the March gold contract related options.

Gold is showing the way higher for silver. The gold/silver ratio is hovering around 80 which indicates either a secular squeeze in physical gold and/or a risk related flight to safety.

Right now gold is chopping sideways and looking for a direction to shake it out of this little, short term symmetrical triangle.

The Bucket Shop remains a kind of monument or memorial to when the trading and markets were real in the US.

There was intraday commentary on the metals here.

Have a pleasant evening.

SP 500 and NDX Futures Daily Charts - Stocks Out on the Lows in Weak Trading

Equities are basically chopping in a range, sideways, and are looking for some 'trigger' to give them a direction in which to move.

Although the trade today was lackluster, stocks went out on the lows of the day which is not constructive.

Perhaps some additional news, earnings, or global macro events will shake things up.

Have  a pleasant evening.