US equities remain choppy, still s/t cyclically inclined to lean upward.
Meanwhile, the precious metals are broadly higher, Gold $9, with Silver +0.9%. The miner ETF of GDX is currently +2.0% in
the $23.20s.
GLD daily
GDX daily
Summary
Gold/GLD: gold has printed $1322s. Its kinda interesting, but as ever... its ALL broad chop. Things only turn decisive >1400s.
GDX: miners are catching a bid today, clearly helped via higher metals.
notable miner: NEM
Newmont Mining announced a special dividend of 88cents, conditional on the merger with Goldcorp (GG) being agreed/finalised. Valid/superior alt: Barrick Gold (GOLD)
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Equities: sp'60min
Price action is choppy... and we're still s/t cyclically on the low end. The threat will be of upside into the close and stretching into early Tuesday.
*I can't be dealing with any further server uncertainty, so ALL posts for the remainder of today will be HERE. yours... is it Friday yet?