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The support underlying today's sky-high prices is faltering

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Our second Resilience Spotlight story comes from the Texas heartland

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Off The Cuff: Bewitched, Bothered & Bewildered
The reaction to the recent Fed hike makes little sense

Gold & Silver Update

Gold rose +7.20 to 1251.80 on moderately heavy volume, while silver was unchanged at 17.55 on light volume.  After the big plunge in bank stocks yesterday, today was fairly uneventful.
 

Today's Market

Gold Apr 17
1,243.80
H 1,246.70
-3.4
L 1,243.10
-0.27%
Silver May 17
17.59
H 17.62
-0.01
L 17.58
-0.045%
Crude Oil (Brent)
50.66
H 50.69
+0.10
L 50.60
+0.20%
S&P 500
2,345.96
H 2,358.92
-2.49
L 2,342.13
-0.11%

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