Sporting near 1% gains already. In times past, this would be worrisome. Probably still should be, but for now it’s nice to see us separate ourselves from $3K a little, and more importantly, popping above $34 silver.
Funny, 1% gains don’t seem so small anymore.
PM shares are strong, wherever they are trading right now. Dollar, rates, SM are flat. Oil the big winner up 1.2%
There will be 52-week highs everywhere in the shares at the open if this holds. HUI should be the same, and approach 360. We’ll be near oversold, but once that corrects itself, there’s nothing but air above most of these shares.
I suppose if they are going to slow this train, they’ll try to do it with silver again.