You are facing the headwind in the metals of strong interest rates, going into a period of time when the consumer is probably going to wobble a bit. The earnings are coming out, as I see them, better and better in the stock market. And you won't see really good things until probably the third or fourth quarter, is my guess, but they will probably be around the corner. In the gold market, you're down 1.5% for the week. You're not able, on this whole rally, to get up and over the 18-day average of closes.
August 03, 2023