A subscriber requested a look at SLV in the same manner as we reviewed GDX earlier. If it pulls back (not yet happening), a clear no-brainer buy area is ID’d. I want to caution about being too cavalier on a precious metals correction. Let’s realize how long PMs have been on the outs, and they may not act as poorly on corrections/consolidations going forward as they reliably have in the past.
I decided to riff on and include talk about the Gold/Silver relationship and its would-be effects on stocks and broader markets.
