Silver Grinds the Moving Averages

I am long and have been slowly creeping longer. I’d rather buy the silver bullet than the miners in this case due to mining execution risk vs. the metal’s ability to tear ass on occasion.

But for now, slowly Ag turns?

It’s Fed week and I hate that. I completely hate how markets act during the week when a bunch of economic eggheads who try to manipulate the macro and the markets get together and we casino patrons patronize them by reacting (well, the machines do, anyway, and we follow); but it is what it is. Silver’s up volume relative to down volume has been pretty good and it is trying to grind out a trend change. I don’t care much about whether or not this is the turn, because I want to have a sizable position when said turn comes. But so far, so good for gold’s wild little bro.

silver

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