Looking Behind The Curtain

Did rates get lowered? … No? … Not Yet?
Well, maybe next time.
Good thing we’re not wasting time, talking about the circus rolling into town every two months or so.
It’s hard enough ignoring the ‘experts’ to remain focused on price action and the truth.
This update will be brief, self-explanatory.
Junior Miners, GDXJ, Weekly Close
Gold is near all-time highs but Silver along with Platinum and Palladium are far below their respective highs.

This is not what you would expect to see in a hyper-inflation scenario.
The Juniors have been struggling at the axis line, now resistance line, for several weeks.
Today’s non-event, may be the catalyst, taking the punch bowl away from the six-week rally (not advice, not a recommendation).
Stay Tuned
Charts by StockCharts
Note: Posts on this site are for education purposes only. They provide one firm’s insight on the markets. Not investment advice. See additional disclaimer here.
The Danger Point®, trade mark: No. 6,505,279
Pingback: Silver Top … Part IV « The Danger Point®