With the U.S. dollar rising, it seems, by the hour, gold and silver have nowhere to go except down. Today the U.S.

The dollar kept at its inexorable rise, driving down gold, silver, haven currencies and face price on bonds, all haven plays that no one wants to play with.

Although we are expecting a pullback any day, the U.S. dollar rode higher against the euro on the day, up around 0.40%. The rise affected all sorts of markets, although curiously, the bond market saw face values rise finally and yields slip a bit.