Loading ...doesn’t look like it will reverse lower when it hits $50 this time around does it?
GLD, SLV and HUI all have RSI’s in the 70’s now, normally that’s a stopping point and good for a correction. Tough call though, especially when we’re going up against everything. Dollar is up, rates are up, and the SM is down. Usually, we’d be under pressure.
Is there something else going on that we’re not seeing yet?
Will be interesting to see how they close the shares.