They are consistently being faded even with the metals and US stocks catching a bid.  (The irony is silver had a heck of a rebound, and it looks like it will close above the 100 WMA this week and within the green weekly Ichimoku cloud.)

At this point, I don’t think anyone has a clue in the world how much lower they can or will go or the timeframe for a bottom.

I’m done speculating on day to day price action.  My only assumptions are that they will find a low sometime in the next 2-9 months that will be above the January 2016 low (not really going out on a limb on that one) and that that low will set up an eventual parabolic move over the ensuing 2-4 years (they could take their time within a trading range before taking off).

My hope is that they find a low in the next 2-3 months and can begin to build a base for that parabolic move.

No more need for me to comment anymore.  I’ll see you when the HUI breaks its all-time high.  Over and out and GLTA.