Metals
Jordan Roy-Byrne, CMT Follow The action in recent days has confirmed a short-term bottom in Gold and gold stocks. After becoming very oversold, Gold, VanEck Vectors Gold Miners ETF (NYSE:GDX), and VanEck Vectors Junior Gold Miners ETF (NYSE:GDXJ) have traced out double bottoms around areas of strong support. The action in recent days has confirmed a short-term bottom in Gold and gold stocks. Gold held up well but failed to break out multiple times as it underperformed the stock market.
The gold stocks underperformed Gold badly in 2017-2018. Gold bulls are getting excited as this recovery takes shape but let me be a party pooper. Last week, I offered a list of great pieces of music inspired by gold.
The gold stocks underperformed Gold badly in 2017-2018. Gold bulls are getting excited as this recovery takes shape but let me be a party pooper. Last week, I offered a list of great pieces of music inspired by gold.
Oil
Meanwhile, international oil benchmark Brent crude was trading 0.05 per cent higher at $62.98 per barrel.
United States
The Capital Spectator has been quoted by a range of news organizations, including The Wall Street Journal, Reuters and others.
Europe
The race to replace Angela Merkel heats up, the U.K. enters its next phase of reopening and a summit on the chip shortage takes place. The EU Commission plans very soon to launch a tender for as many as 1.8 billion additional mRNA Covid-19 vaccine doses to avoid future shortages. Brexit Britain’s biggest test.
0 
