Monday, April 25, 2011

Commods and PMs

This morning has been interesting so far for the commodity complex as a whole and precious metals specifically. It appears they are reacting to the bounce in the dollar off the opening lows, at one point in time that would make perfect sense, but silver and gold are reacting in a way that seems to suggest it's more then the dollar. For now, I'm just making a very short term observation, but I am wondering if there isn't something else behind this.

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