Not having an impact on pm’s or much of anything so far.
Silver looks like it wants to drift lower maybe, but the dollar also looks like it wants to move lower, so that might hold us up. Key word: might
Shares look decent, NEM a little weak, but it has done well during this run.
Funny how we get some really good breakout days in silver and then everything just stops.
SLV has a gap around 34 that probably needs to be filled. That will take silver back to the $37.50 level or so. We went through $37 like a knife through butter. I would have thought there’d be a fight. Maybe it’s coming.
As I’ve been typing, silver has inched up a bit while gold has inched down. I type slowly. 🙂
