21 February 2024 – 09:28 Central Euro Time

Silver and Copper are at present above today’s Neutral ones; the Spoo is below same, and volatility is mostly light. By Market Trends: Silver, Oil and the Spoo are sporting positive linregs; those for the Bond, Euro, Swiss Franc, Gold and Copper are negative. Some seven weeks ago we speculated on the Fed potentially having to raise rather than cut rates: the FinMedia and now just starting to pick up that notion, (more on that in next Saturday’s edition of The Gold Update). Nothing is due for the Econ Baro today; however, the FOMC’s Minutes from the 30/31 January meeting are to be released.