Thursday PM Post
PM Posts |
Housekeeping: This is the PM GoldFix post combining AM emails with additional intraday posts.
Market Recap: Gold made new All Time Highs, Option Vol popped, and Silver continues to get sold along with Copper as some kind industrial hedge for Gold.
*Full Recap at Bottom
Morning Rundown:
Metals/Commodities:
Macro-Economics:
Geopolitics/Elections:
n/a
Founders:
Market Recap:
Reopened last night moderately… Asia nibbled. It got stronger around 6 a.m.
Silver suffered as traders continually sell Silver and Copper against their Gold longs in order to hedge out any “economic disappointment risk”