Its the time of the month – after Comex month-end and leading into regular stock options expiry, with no FED announcements on the horizon. Low volatility and upward bias for gold and silver (IMHO lol)
Like I said before, I think with an “everything bubble” going full blast-BitCoin & all the other factors–like DEBT & maybe geo-political–and the phoney-baloney Tax Reform…it’s just hard to imagine G&S suddenly becoming a liquidating market–that doesn’t imply that any great move up is imminent, though.
Its the time of the month – after Comex month-end and leading into regular stock options expiry, with no FED announcements on the horizon. Low volatility and upward bias for gold and silver (IMHO lol)
Still look weak to me and mining indices ain’t buying it. Looking for another short miners entry point.
Like I said before, I think with an “everything bubble” going full blast-BitCoin & all the other factors–like DEBT & maybe geo-political–and the phoney-baloney Tax Reform…it’s just hard to imagine G&S suddenly becoming a liquidating market–that doesn’t imply that any great move up is imminent, though.
My guess is European buying just like summer 2016? EU is a mess again. Currency protection?
With the EU a mess the $US does not look strong to me at all. Can’t break 95 for the third time? All the currencies look weak.
Maybe they finally all go down together? lol
relabel despite the gurus claiming an imminent rise of the dollar it’s not happening – patience
Agree the last PM bull of 2001 started in EU and the next will also. Fear/Inflation and currency issues IMO.
Its real rates plunging. Not sustainable IMO