Today both Gold & Silver virtually unchanged, Equity markets flat, yet the HUI is up 15 points. Very indicative.
We had the same scenario from July to late September till the roof caved in. Methinks that the next time the roof caves in, the majors will be held by stronger, wiser hands virtually limiting the downfall of Majors.
As for the Juniors, since 2008 they've been slumping badly. Things were starting to turn around before late September, but risk aversion being what it is, made the Juniors pay a healthy price.
If the Majors are able to pave the way, the Juniors may light things up fairly dramatically soon enough.
As per Sinclair's post of last night (Gold over $2,000 soon) this tells me that Silver should be looking at $80 or so.
Don't know how often we've been disappointed in the past with great expectations, but maybe, just maybe, this time we can have liftoff.
Later
