JPM is going to bury silver mining stocks this week
Silver mining stocks, SLW, CDE, AG have held up relatively well so far given the collapse in gold and silver the past month, but they are just breaking down and JP Morgan is going to start punishing these securities along with the price of Silver in the coming week. Take a peak at the charts. All poised to break the trend lines.
Charts are meaningless in the controlled stock market. The federal Reserve already owns all the stock and no one else is playing with government controlled games. We are now communist with the government setting the price