The commodity itself is undergoing a rather tepid pullback, with gold off a little more than 1% and silver 3%. However, the hot money is running for the exits in the equities. A great man once said “stocks take the stairs up and a lunatic elevator down.”
Data provided via The PPT:
If you enjoy the content at iBankCoin, please follow us on TwitterAG Silver -11.46
GPL Silver -10
EXK Silver -7.7
SVM Silver -7.53
SSRI Silver -6.31
SIL Silver -5.75
SLW Silver -5.69KBX Gold -10.56
VGZ Gold -7.99
CGR Gold -7.59
NAK Gold -7.51
UXG Gold -7.34
NG Gold -7.19
NSU Gold -5.98
FIG babuh! Love ya fly!!!!!!!!
Fly, are you buying any inverse ETF’s here yet?
no
Where’s Nymph – she must be going CU-orgasmic.
Either that or anxiously awaiting the news about the copper supply in Mongolia or the Palm Oil prices in Malaysia.
Always an interesting read (for me anyway) from her.
fly…
the numbers listed beside the miners are pullback percentage estimates?
also, do you have a preferred silver miner(s) to run long on after your algorithm rings ZSL overbought?
i’ve been clocking EXK and possibly buying back into CDE again.
cheers