RE:SOMETHING LEAKEDMarkets today in general were up. Why is that? My guess is because many feared the FED would raise the interest rate by 100 bps instead of only the 75 bps they actually did raise it by.
In our current bassackwards investing environment, bad news that wasn't actuallly as bad as it could've been is considered "good news", whereas good news is generally considered "bad news" as the good news was already baked into the cake and now the share price has nowhere to go but down.
But, if the markets were sane, why would silver be trading at a 90:1 ratio to gold? But, as they say, ALL markets are manipulated, so don't read too deeply into price movements one way or the other.