WARNING...golds, silvers, and rare earths trade in ESTABLISHED BEAR pattern!!!
For more than TWO years, ladies, they typically open in the GREEN, then close well in the RED. That is a CLASSIC BEAR market trading pattern, as every SMART market historian like me know full well.
So you best IGNORE any seeming "strength" this AM, ladies, because every SMARTER market vet and pro will be buying in the money PUTS.....WRITING out of the money calls....and increasing SHORTS to the max during every PHONY UNSUSTAINABLE gain, as these FATALLY WOUNDED golds, silvers, and rare earths wind their way into the PINK SHEETS, in most case, NO later than early Summer.
Ladies, as I've earned the right to state by now....live and learn from your intellectual superiors....live and LEARN!!!