Well, we just dont know yet if ECU.TO will make it back down to top of yesterday's gap....$.84.
Silver put in a new cycle low today at $34.38, while gold held $1.50 above yesterday's cycle low at $1510.50. This needs watching closely as we are in notable time period.
We are smack dab in center of 3 day sweet spot for major shifts in sentiment. It of course could just signal a gradual shift back up in PM stocks, but with no real fireworks until later in the summer.
ECU Silver will tell us soon with its degree of backing and filling yesterday's spurt....and how soon we exceed yesterday's high. If tomorrow breaks out above $.95-1.00 and hen closes Friday above $1.08, we have the best senario and indicator possible.
HUI is strong again today relative to G&S prices. CDW is strong against USD.
Did anyone note that the $USD took a big hit yesterday ALONG WITH G&S......new stuff in the winds? D-Day with Armstrong and mid June?.......pic