this feels a lot like a low volume shaking of the tree in the metals, except we’re not getting the usual puke in the pm shares.
Don’t know if they have to take the metals down like they did a week or so ago in advance of a bigger move up coming, or what the game is. The HUI should not be back above 300 and near it’s recent highs and the pm shares in general, especially some of the silver shares, shouldn’t be holding up at all. We’ve seen much worse with the metals barely down before.
Also, the dollar has moved positive.
The games they play.