Not Much Action but Don’t Get Careless
The payrolls report came in pretty much as expected and thus seems to be a non-event for the most part.
The Dollar is slightly weaker, bonds are higher, oil is lower and gold is a tad higher. Mining shares are showing weakness today.
I honestly do not think we are going to get much in the way of any CONSISTENT direction in these major markets ( with the exception of crude oil) until after the election results become clear.
Oil is at a 6-week low with the Baker Hughes rig count up 12 this week to 569. Most of the growth is in the Permian basin.
The post Not Much Action but Don’t Get Careless appeared first on Silver For The People.
Source: http://silveristhenew.com/2016/11/05/not-much-action-but-dont-get-careless/
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