Metals Plunging, Palladium Cratering
Palladium is leading the metals sector lower this morning, in this Thursday edition of the Metals Morning Update.
Gold is down $33 an ounce, to trade at $1,741.00 an ounce, a loss of 1.86%.
Shares of SPDR Gold Trust ETF (NYSE: GLD) are down $2.07 to trade at $169.44.
Copper is lower this morning, down 5.75 cents to trade at $3.4265 per pound, a loss of 1.65%.
Shares of Ipath Dow Jones Ubs Copper Total ETF (NYSE: JJC) are losing ground this morning, down 72 cents to trade at $44.21.
Silver is plunging today, down $1.06 to trade at $32.76 an ounce.
Despite the loss in the actual metal, shares of the iShares Silver Trust ETF (NYSE: SLV) are negative on the day, losing 83 cents to trade at $31.99.
Palladium is crashing, down $27.10 an ounce at $627.60 per ounce, a loss of 4.1%.
The ETFS Physical Palladium Shares ETF (NASDAQ: PALL) is lower by $1.70 today, to trade at $62.29.
Platinum is losing ground, losing 1.71% or $27.90 to trade at $1,603.30 per ounce.
ETFS Physical Platinum Shares (NYSE: PPLT) is losing $1.30 this morning, to trade at $158.83.
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Whistler Blowers, Insiders
Don’t you all want to take Lindsey Williams out for some supper now?
I reckon we’ll be seeing some so-called truth teller’s true colors coming through. Bet they drop their masks like a rock.
Mystifyingly heartless.
When China finishes buying up gold at these high prices and there is very little gold to be bought and sold–guess how much it will be worth–maybe about $200 an ounce–just where it should be.