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High probability of greater market turmoil ahead

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Gold & Silver Update

Gold rose +1.30 to 1133.90 on moderately light volume, while silver inched up +0.02 to 14.60 on light volume.  Both metals sold off immediately prior to the NY open, but then rallied alongside copper and oil as the dollar topped out and started dropping just before 11:00 ET.

In isolation, gold seemed to recover from its morning sell-off...

Today's Market

H 1,139.98
L 1,135.98
H 14.62
L 14.55
Crude Oil (Brent)
H 50.52
L 50.28
S&P 500
H 1,970.09
L 1,903.07

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