Loading ...Silver always moves last. The fact the silver stock charts look like they are tracing out a fifth wave right now co-oberates this possibility (likelihood?).
The good news is although a larger degree correction might be on the more immediate horizon, after complete, if we are lucky, we finally see a rip your face-off rally. Exactly what that means for silver depends on what it does to finish the present affair. If the GSR gets back below 100 soon that would be very bullish.
Let’s hope silver makes it up to $20ish here…that would portend very good things after a pullback from wherever it tops.
The bankers probably added 10 to 15k shorts to Comex silver this week to yesterday, so they have not gone away, but I am optimistic because it’s depressing not to be. (but I still watch the bastards)
Midnight Gardener @ 10:30 I am too busy for that but I will be around with occasional comments.
No worries.
Cheers all