It looks to me to be about the dollar gaining ground, which is probably connected with a comment out of the IMF that inflation is a non-issue in the US.
While Silver was expected to experience one of those bumps today from overnight trade, everything else seems connected to this bump up in the dollar. I imagine the market will settle back in soon.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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