Can’t say I blame Farmboy for exiting JNUG. I’ll probably do the same here today sometime just because the jobs report is tomorrow and they love to slaughter pm’s. Pretty much a breakeven but a waste of $14 in commissions.
Maddog said it, 9 straight down days and it could only happen in the pm market, if fact it’s the only market where it happens on a routine basis. I see nothing that will change. certainly not Trump and his administration.
I’d like to think the shares are forecasting a move higher in the metals but somehow I think they’re probably consolidating for the next move down – that would be par for the course.
Silver has gone from looking great to looking like crap. Unbelievable.