March 25, 2021

Gold and silver dropped today as the US dollar continues to rise and is now at its highest level since early November.  Silver dipped to its lowest level since January before stabilizing around $25.15 and gold is down $8.00, trading at $1,727.  Overall, the week is shaping up to be one of the most stable for precious metals after months of volatility that saw metals swinging 5-10% weekly.  After spending most of the day in the red, stocks have since turned positive with the Dow and S&P 500 up about 0.6% each and the Nasdaq up about 0.2%.  The Russell 2000 is outperforming all, up 2.5%, after yesterday’s earnings fueled small-cap selloff.