Loading ...SLV is still $3 away. GDX broke above it a couple of weeks ago. Obviously, the shares are finally leading.
I suppose the shares could pause while the metals play catch-up, and there is a gap about $6 lower.
The best thing is that we’re doing this against everything that would have crushed us just a month ago. Falling SM, rising rates and rising oil. The dollar held up today, but that chart looks sickly to me.
Feels like we’re just getting started, but we all know how that goes. Cautiously optimistic that this is the big one. 🙂