Inflation is definitely picking up, yet they are so calm. We all should be calling B.S. I don’t know what he’s saying but it’s rallying everything, and pm’s look very strong. In the past, we would get smacked down tomorrow. We’ll have to see if they have the ammo to do that tomorrow.
They shook the tree hard on the shares yesterday on light volume. The volume today is much stronger in GLD and SLV.
HUI popping thru 235, if we can hold it for a couple days, we should easily run up to the 250-260 level.
What I really want to see though is for the metals to decouple from the SM, Bitcoin, and everything else. Right now we’re trading with all that stuff.