It’s been a week that had everyone scratching their heads. We started off with a bang. Stocks climbed and commodities continued their rally from last week (see Doubling Down for the Big Bang).
The TSX hit a two-year peak, closing above 13,000 for the first time since Sept. 2008, as gold miners rallied sharply after the price of bullion powered to an all-time high of $1400. Silver also shot past $28.
But all that came to an end by Friday.