Loading ...Slow as it may be, i.e. nothing like the tech sector because of the scum resistance. Money from larger players does appear to be coming in to this small sector and offsetting the relentless selling by the scum that would’ve taken us down hard today if this were a “normal” jobs report Friday.
I have to think that the institutional types are betting on higher prices on pm’s, and hopefully not exposing themselves to the futures markets but are just buying shares and physical where they can find it.
We were rejected at HUI 290 (Hit 291+) no surprise there. Hopefully shouldn’t be a big pause, but never know how deep they’ll dig in at the chart points. I’d like to think if we bust 290 with authority then we’re on our way to 600 again, but no doubt the scum will shake the tree repeatedly. $1750 needs to be broken first…