doesn't make sense
Technical recovery. Needs to break 26 but it won't. Stocks don't rise day after day nor do they fall day after day. Miners were bound for a small recovery but it will be short lived.
I also notice that gold is in backwardation against a number of futures this morning, currently September, October, November and December contracts.
thx for the input
just a deadcat bounce i guess
Oil is down, which means lower operating costs for miners. Also the GOLD/XAU ratio is at historically high levels and should start reverting back down to the mean.
What about the north korean nuke plant that was restarte?