Bitcoin and Golds Bulls Are Back From Hibernation. Will They Stay?

Both Counts Have Room

Europe opened soft and the futures declined to care. Around noon Berlin time the DAX was −0.41% at 25,984 and the Stoxx 50 −0.22% at 6,431, while Nasdaq contracts sat +0.06% at 29,531 against a 29,513 reference and S&P futures −0.05% at 7,725. The VIX was 15.22, up 2.2% from a 14.89 close that had itself fallen 6% yesterday; the 10-year kept easing at 4…