The SM looks like it’s going to crash to me, I’m not sure if that will hurt pm’s though. I would think the HUI might pause at 320. Regardless of the HUI, gold doesn’t look like it wants to go down and any dip probably should be bought.
Looks like gold may be the last commodity to really get going.
With the way the SM is acting, I suspect that the financial war we’re having with Russia may have some implication for world credit markets.