The Fed Provided A Modest $4.50 Billion In Credit Today

The Fed provided a modest $4.50 Billion in credit today in the form of a one day Repurchase Agreement or "Repo" as it's called after a modest $3.75 Billion four day repo on Friday, see http://www.newyorkfed.org/markets/omo/dmm/temp.cfm?SHOWMORE=TRUE. So, index fund traders probably won't provide much help to gold/silver stocks today. The S & P 500 (SPX) is the index to watch as it drives index fund trading. ....... http://www.JoeFRocks.com/