2pm update – metals and miners

US equities are broadly higher. Meanwhile, the precious metals are broadly weak, Gold -$15 (0.4%), with Silver -$1.01 (1.2%). The miner ETF of GDX is currently +0.5% at $97.39.

GLD daily

SLV daily

GDX daily

Summary

*Its arguable that Gold $5K will equate to Silver $110, perhaps $120s.
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Gold/GLD: moderately lower, currently around $4618

Silver/SLV: a low of $87.85 , recovering to currently around $92.31.

GDX: miners are leaning higher, helped by the broadly positive main market.

notable gold miner: AEM

Sig’ higher, fairing very well to the sector.
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notable silver miner: PAAS

Sig’ lower, as yesterday’s black candle played out
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Equities: sp’60min

Choppy, if still leaning upward.
A new hist’ high is clearly viable before the close.