Given the significant moves in bonds and the POSX over the past two days, it's actually quite remarkable that CDG has only fallen $30. Further, given the incredible moves in the POSX and rate cut expectations over the past month, it's even more remarkable that CDG has only fallen by that same $30.
So, anyway, I'm not trying to blow smoke up your rear end. Silver and the mining shares have stunk on ice thus far in 2024 with no end in sight. But the gold price keeps hanging in there above $2000 and, by doing so, lends some hope that this current cycle of pain won't persist...
