Recap for the day on $GLD $GDX gold

Looks like we're going to hang around the new highs for gold and the $2775 level for a bit

That's until some catalysts come through, and there are plenty this week through GDP and PCE

If you read our newsletter this morning, then you know $DXY dollar to $TLT bond spreads are calling for an $SPY $QQQ equity decline

So does the $IVE / $IVW spreads (value vs growth)

We'd be careful about a fade here as geopolitical risk premiums and inflation premiums fade ☕️
#GLD #GDX