April 07, 2021

Precious metals and equities both spent most of Wednesday in limbo as investors awaited today’s Fed minutes which ended up being much ado about nothing.  The Fed said basically what everyone expected them to say; things are looking better but there is a still a lot of work.  Gold and silver dipped slightly this afternoon but remain relatively unchanged for the day, trading at $1,737 and $25.20, respectively.  Stocks had one of their least volatile days in months with the Dow eking out a positive session, rising 16 points, and the S&P gaining 0.15%.  The Nasdaq declined, albeit a measly 0.07%, to close virtually flat.