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Interesting, didn’t chop in between 1775 & 1570’s like we all thought it would. Silver may do exactly the same deal.
We’re pretending that we wear masks and can’t be heard. But, we are dancing. We’re doing “The Fauci”.
You pull the mask down
and you shake it all around.
That’s what it’s all about!
Miners were weak… today’s price action was about pathetic at best.
HUI up 11 points today. Not too shabby…given the steady rise many have delivered. I’d be whipped tired too, after climbing that high, that fast. A decisive break up to $1923 might ignite some laggards…
Hey, I watched it second by second. Came to see severals posts here…and crickets. Amazing. Anyway, me and my posse celebrated. 🙂
I guess too much success gets boring Boomer
It’s the age of ADD
I’d rather crickets than celebrations. It seems like when everyone starts celebrating, the relentless pain begins.
Oh, true dat!!
Any ideas on how or whether stock options in general and especially stock expiration yesterday affected prices of precious metals and precious metal stocks?
Supposedly recently small investor-speculator types have been especially engaged in the option markets. There has been some press about neophytes getting interested in PMs.
Do you think that the PM stock prices were …adjusted… to be one way or another at the Friday close?
Do you think that the PM prices themselves were …adjusted upwards even more than they were going anyway… to bring people into either PM positions or PM stock positions, or into new rolled over option positions so as to clobber them with a knock-down of PM prices, perhaps (I hope) just transient, next week?
Other? Ideas?
and look at that TSI – Is that a bullish cross I see ??
Some would call that TSI a negative divergence .
Which is A completely USELESS concept in a Bull market….especially on a weekly chart.
To be honest I never even look at these weekly “momentum” indicators in a bull market
YOU don’t need indicators to see the momentum is UP.
Momentum indicators area derivative of price…so why not just use the price .