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PRECIOUS METALS (US $)
Gold 1172.59-0.01
Silver 16.13-0.02
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Gold Daily and Silver Weekly Charts - Plus Ca Change...
Published : February 13th, 2013
123 words - Reading time : less than a minute
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Keywords :   Global | Global Economy | Metals X | Silver |

"The greatest triumph of the banking industry wasn’t ATMs or even depositing a check via the camera of your mobile phone. It was convincing Treasury and Justice Department officials that prosecuting bankers for their crimes would destabilize the global economy.”

Barry Ritholtz

As a reminder, this is a stock option expiration week.

Obama's State of the Union message this evening. Regards to the staffers watching their bosses at Bullfeathers.

There was a hit on the metals but they clawed their way back.

I include the VIX here just to show the complacency and the likely cause for the divergence between stocks and the metals. Its a 'risk on' thing and its has been going on since the Republicans blinked on the fiscal cliff.






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