OIL : If oil keeps going up, and I hope it does, Gold and Silver historically follow.
WAR Premium: When Isreal strikes Irans nuclear sites, Gold, Silver, and Oil will skyrocket. The wildcard here is will these STOCKS follow the Overall Market down or take off ? My guess is there's an initial drop with the broader markets, then they take off.
The DOLLAR: If the dollar keeps going down, as it has been of late, that's good for silver and gold.
TECHINCIALS: Silvers at a five month high and it's resistance is $37.50, if silver can break above that, silver could run, right now I'm looking at Silver trading at $37.22, so we'll see what happens there.
BEARISH Factors: -----------------
TECHINICALS: GPL is at resistance here and we've all seen this show before. GPL runs to this very resistance point, everyone gets excited, and what happens, GPL pullbacks. So folks may just sell it all here and the buy it back on the pullback.( wildcard )
MGT. LOOKING TO BUY ANOTHER MINE: That's a ticking timebomb that will tank this stock overnight.
I sold half my PEIX at $1.62 and I'm looking to reload.
There's a Business Strategy meeting today with some BIG money folks, so we'll see what comes out of that. It may go up from here, but if not, and it heads down to close that gap around $1.12, let it settle and find it's base, then BUY IT, PEIX will rise again.