Loading ...That’s why I’ve been looking at volume so much. We’re just not seeing an uptick in volume in the shares or GLD & SLV yet. Some of that might be summer, but gold is up 25% and silver 40% this year and we’re still unloved. Maybe after Labor Day we’ll start to see some money come in. Today is big news for gold, and yet GLD might do average volume at best. We should be seeing a lot more interest. SLV doing a little better but we’re not seeing momentum players come in. I think they will eventually, just not sure when. There’s a lot of burned fingers and long memories over the last decade.
I do think we’re just getting started though, and agree with Captain and some of the other analysts. This is the big one, finally.