That is not that unusual Baba given QE to infinity by the FED and most other central banks of significance. QE should be good for all equities but especially so for precious metal equities. It was interesting this morning to see the HUI leading gold down and then lead back up a little.

What we really need to pay attention too is that QE to infinity is just starting and pay real close attention as I expect to see it ramped up even more in the months ahead to more than $40 million per month at the FED. I suspect they started this low to give themselves roon to move higher and to make it more plotically acceptable at this point in time. Pay no attention whatsoever to those already talking about the FED exiting easing sooner, that is damage control and a smoke screen. It's also the same people that said there would be no more QE, talking their book, LOL!!