Gold is trading inversely to the dollar here. That is not how it always happens, but that is what is happening now, more or less. There were no deliveries at The Bucket Shop on Friday. The warehouses saw a little action, with a dribble of gold coming in and about 420,000 ounces of silver bullion leaving. Today was 'one of those days' where light volumes let stocks rally in a patriotic display of resolve that we will keep calm and bubble on. I hate to be too negative but most commentary on the metals in the prestige media ranges from useless to ridiculous. But why should the precious metals be any different from all the other things that the financial media likes to say these days. Let's see how the rest of the week goes. Have a pleasant evening.
