Gold and Silver are powering higher late this morning. A pretty impressive comeback after yesterdays pounding of the metals and historic rise in the DOW.
Stocks are, understandably, giving back about a 1/3 of their gains so far. I truly believe a lot of yesterdays rise was due to short covering and fund rebalancing. If that is the case, it is unsustainable and we will continue to see further declines leading into the start of 2019. Hold on to 'yer tights, I think Q1 2019 is going to be a bumpy one.
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