Seems that’s the way it’s been going these days. Refreshing change from the previous 14 lost years.
No big moves in anything this am. SM, Oil, Dollar, Rates – all flat. Bitcoin up 1.6%
Gold up $17, silver up $.08, sort of floating higher. PM shares are strong again in premarket. They put in a good showing yesterday while gold gave back a few bucks.
No eco data of significance today.
I’m going out on a limb. I think we’re on the cusp of a rally in silver that’s going to come out of nowhere and blow right thru $35 and head toward $40. It will catch all of us unawares. I’m going to call it the Heinz effect, because we’re going to ketchup.
I think the shares are telling us this.
NEM, AEM earnings next week. 4/23 & 4/24 respectively. They’ll set the tone.