The political fact is President Obama is going after families that make more than $250,000 a year, but keeps calling out billionaires.
These stocks have been under heavy pressure in recent weeks and are falling anew, leaving them -- at least in the context of recent trading patterns and valuation sentiments -- quite cheap.
It’s started out as a good morning for commodities overall with gold and silver being joined by platinum, palladium, crude oil and copper all on the upside.
The dollar weakened against a basket of other currencies, including the euro, and normally that means gold prices would advance, but not lately.
It may be confusing to some people that gold can be “down” while still trading at higher prices than yesterday. The discrepancy has to do with how the spot price is calculated.
Meanwhile, silver has been in one of the biggest bull markets of the decade. During a roller coaster period for the broader market, silver has seen gains in eight of the past 10 calendar years.