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Message: Market Mayhem

I do love the juniors for their quick & powerful moves - if you catch them right. But I'm not a geologist and I have no ability to actually determine the fundamentals. For example, the market reaction to a drill result tells me a lot more than the actual drill result. So I just take a technical view. I take this approach for the group as well as the individual stocks. Although there are always exceptions, most of them tend to move together.

Silver is always a tough call because of its split personality. It doesn't do as well as gold during a fear trade. And it still hasn't healed from its parabolic run earlier in the year. Best guess is that it probably outperforms gold in the next 3 weeks or so, but that will reverse if/when the fear trade returns.

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