Last week ended with a specific twist – the USD Index took a dive, while the Japanese yen, gold, silver, and mining stocks all moved visibly higher. The reversal right before the end of the week appears to be a very bullish phenomenon for the PMs, but is it really one?
We doubt it, and if it is, then the rally is likely almost over. In other words, it doesn’t seem to be anything that one should be concerned with if they are positioned to take advantage of the big decline in gold. In today’s free
