Loading ...Last week Gold and Silver hosted parties for reaching new highs, but few miners cared to attend.
Looks like a repeat this week, Gold and Silver Climbing higher, the miners in general MIA again.
I have suspected some of the weakness in PM stocks might be due to folks seeking other avenues. Everything from the mania in the general stocks although at all time record highs, to perhaps purchasing the physical over shares, to even the ETS’. Something seems to have changed ! Give this another month or three, but if this continues we are probably witnessing a change of tide in the PM shares.
Back to a neutral position at the close today so ready for when the bell rings in the open. I am expecting some fireworks come Tuesday, one direction or the other.
Goldi, I hope you get some time off over the weekend. You are one busy gal/grandmother/nurse. You deserve some rest. 🙂
Wishing a great weekend to all, fire up the grill, throw some steaks on and just chill.