Again. All looks clear for gold and silver to continue moving positively. We see that the COMEx suddenly came into a heap of silver for JPMorgan...timely.
I sent RK a very short note re the video yesterday and he wanted t know where I saw it. Huh.
My interpretation of the stock price is that the movers and shakers are walking it up ... so got some yesterday at 9.4. Some longs were understandably peed off and sold last week. Ahh, the mysteries of the JPMs.
I'm thinking that SFMI will see 14 cents next week sometime. Watching the PMs is never boring. Embry thinks we will see escalating silver prices going through the summer...as do others. I suspect this year is not "sell in May"as the market pundits would have us believe. Even Gartman has bought into gold...which was always hithertoo a contrarion play. Sooo, I think the years of Pavlovian training has worked as few expect the "status flow" to change direction.
So, for today its positive. Have a good one.