Silver price falls to around $56.70 during the Asian trading hours on Tuesday. The white metal faces some profit-taking after reaching a record high in the previous session.

The NZD/USD pair ticks lower during the Asian session on Tuesday and moves further away from an over one-month peak, around mid-0.5700s, touched the previous day.

GBP/USD slid at the start of December, dropping about 0.25% as the pair retreated from a key resistance zone. The move signals renewed bearish pressure on the Pound unless broader market flows shift away from the strengthening US Dollar.

Gold miners rallied. Silver popped. The market squeezed higher all week. Then Monday morning happened. TLT dropped hard at open. Long bonds got hammered over the weekend. Nobody saw what came next.

Gold and especially silver are speaking some truths. Silver popped up to 59.50 today until it fell back a bit. VIX is still a bit on the low side.

A powerful combination of forces, including the end of quantitative tightening, new bank regulations, political pressure to cut rates, and the monetization of massive deficits, is now accelerating the money supply again.