Investing in precious metals 101

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  • Mon, Jan 23, 2017 - 09:27pm

    #5

    Cold Rain

    Status Gold Member (Offline)

    Joined: Jul 26 2016

    Posts: 302

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Hard to hate the action in Gold/Silver/Miners today.  I guess you can find some reason not to be bullish, like a currency effect or something, but the moves today were pretty good, I thought.  Armstrong is looking at what, the $1220ish level for an indication of a sustained upward move for a while?  Bonds were up, so it looks like the bond/PM/inverse dollar correlation is still en vogue for now.