Loading ...Schwab gave me the wrong quote on the HUI, it hadn’t updated yesterdays’ pricing. Both HUI and GDX are only down 1/2%. Outperforming the metals. That to me is a big deal and if they continue to sort of hold up, indicate that maybe the metals aren’t going to get as slaughtered as it looks like they are getting.
RGLD is now up on the day.
Silver needs to turn and it will be tough for us to go against a down SM, but maybe there’s reason for hope?