The precious complex continues to challenge new highs ahead of today’s vote

The precious complex continues to challenge new highs ahead of today’s vote, by the House of Representatives, to increase the debt ceiling and give the Treasury more time to borrow more money and push the country into deeper debt. Platinum was able to reach the psychological level of $1700 and maintains a modest footing just above at $1702. Gold hasn’t been able to find it’s way around the $1695 road block but looks supported above $1690 for the time being. Silver is up .5% to $32.365 while palladium has backtracked .5% to $726.40. Look for things to remain rather calm until the legislative brain trust cast their votes. Have a great day!