Loading ...You’ve been commenting for the last week or so that the action in the shares have been very weak lately, even on up days and it has. While we continue to see the stairs up, what we haven’t really seen is the elevator down, especially on days when the USD is very strong.
Maybe I’m just hopeful, but it seems to me that the USD is losing steam and despite the rather weak upside action there is an upward bias and an underlying bid for pm’s.
We survived the opening onslaught. No doubt there will be another one shortly, likely followed by drip selling throughout the day, but at least there’s no waterfall down….yet….
Silver looks really good.