Loading ...Despite The Sunday Nite Smackdown
Despite the Sunday nite smackdown gold is about to trade UP for the week. This is a huge reversal physcologically, even if the numbers although significant are not monstorous, yet. Silver is still over a dollar lower but should head much higher(along with gold) next week. https://www.zerohedge.com/news/2021-08-12/bullion-banks-crash-party-now https://goldseek.com/article/fed-bracing-impact-got-gold-and-silver 
Don’t be surprised if Sunday night is the exact reverse of what took place last Sunday. Better buy today because Monday could be limit up! Do they have any limits?
The bull is on the loose again. Thanks, CM. 🙂
Both the GDX & GDXJ do not agree with you thus far today, as both are still showing relative weakness while in the process of back-testing former strong support at $33 & $43 in today’s action. Would like to see weekly closes above both of these levels today.
You might find my weekly column helpful:
https://www.kitco.com/commentaries/2021-08-13/The-junior-bag-holder-nightmare-is-a-contrarians-dream.html