Loading ...Yes, I do think that we need to see the shares really breakout to confirm this is nothing more than a war drum bounce that will fade as soon as peace breaks out. I did see that the China-India saga on the border is heating up as well.
Last time gold was up around these levels the HUI was approaching 220 – currently sitting at 196 – not good.
Nice to see a little fear in the SM though. VIX now up 3 straight days.