Headline from CNBC @10:45 a.m.:
"Gold down for second day after weak China data
Stronger U.S. dollar contributes pressure; silver slips further"
SLW UP 63-cents???? Should be a down-day like yesterday. Volume not particularly heavy so far today. Looks like trading games from options players. Don't see how they can hold price up there for this long? Guess I'm addicted to common sense & don't understand the trader-mentality.
USD started to turn tail shortly after Noon. I suspect that was one factor pushing SLW up from +60-cents to +90-cents now. Traders probably saw that coming this morning & that's why they started buying in the morning. Still -- volume seems kinda tame & average.