Wednesday, June 21, &:32 pm EST. Today, gold rose, but silver declined… this evening, though, both are up a little better than .2%. Movement may appear to be taking place. I need to go to the charts, and look at price and volume. IF the miners are moving ahead of the metals, AND there’s any significant improvement in volume behind that… IT may be here. To the charts!
Alright. I got this! Prices DID move up well today, ahead of the metals. But, there was NO volume behind it to speak of. In fact, rather, volume was off by 42% of the 50-day average.
Let’s note where prices are in the morning, and then, we may get some better idea. If the miners have a good outing, and volume should swell considerably… It might be well worth the risk to try to step up and take new positions.