Loading ...We get back on the horse and silver closes above $70 on the week. The shares, although not good, could have been much worse. At least for as hard as the metals were hit.
Oil back at $75. Rates just below 4.5% The dollar will pull back some with rates tomorrow and the SM will come back. Something’s gotta give with the dollar, it’s way too strong. The Fed always needs to be right, and the SM will confirm it for them as usual.
Mostly, I just think the shares are about ready to keep going. Hopefully even lead. They got way overdone.
You all know how good I am with my predictions, so you should expect us to continue down and re-test the lows. 🙂