Not only does Hecla hurt themselves and their shareholders, they hurt the gold and silver markets in general. Bummer.
Looks like we got the USD screaming higher this am as the New York Fed felt the need to walk back Williams (or was it Clarida?) uber dovish rate cut speech yesterday.
Will be interesting to see if the shorts use this as another opportunity to cover.
SLV down a whopping $.04
I guess after 3 days like we’ve had, some give back is overdue.