KB-I don't think PMs are "telling" us that.
I think these past few weeks, miners have been moving due to pre-PM moves.
PM moving due to perception of China's kicking the can down the road, Japan kicking the can down the road, Chinese gold purchases, coming into the India season and the dollar weakness.
All combined for what's happening.
Tapering will still be a mover and shaker. The reality is tapering is a continuation of spending and printing.
Just a bit less.
PMs "may" be reflecting that as well.
But what do I know? I'm just an interested US citizen watching our economy, albeit the strongest in the world, go to pieces........one step at a time.
And, short of a huge geo-political or "bad" event, it will continue..........
I was wondering I know all the other reasons but this is looking very strong here...the PM's are a great way to play no tapering since they were so OVERSOLD the miners for sure...it will be intereting, SLW is a great stock
it was said that the US currency is the best horse in the glue factory........listen to those reports I posted by McAlvany and his interview with Ian McAvity good stuff ~~~~ GL!!