Trading has been choppy with precious metals neither really breaking out nor breaking down.
What's changed over the last week?
It's more like what hasn't changed!
In no particular order, we see the fundamental drivers of the market are in the same state of suspended animation as last week:
- Ongoing stimulus talks stalemate
- Biden and Trump supporters fully entrenched and confident in their own side
- No real surprises in the ACB Supreme Court confirmation hearings
- Coronavirus is not really surging and not really waning
So as we can see, in my opinion, right now, gold bullion & silver bullion...