It was a pretty good day! Gold rose well, silver had a fine outing. Prices did well. The miners had a fine day, too. Was there a bunch of volume to demonstrate any real commitment behind the move? Is this going to be the beginning of anything big??? The charts know…
So, let’s start with ideas that rose well and on bigger than average volume, like: HL, SGDM and GDX.
These others rose, too, but on light volume: PAAS, GLD, RGLD, SLV, ABX, SGDJ, PVG, SSRI, SILJ, FSM, CDE, AG and SLW.
Well, it’s easy to see that volume was light for most, but the actual average volume for all was right on the 50-day average. There was nothing special about the day… it was just healthy. Maybe something will still come of this… we’ll just have to wait and see.
Here’s to your accumulation of real wealth!
Harold F Crowell