Whats Up? Gold! That’s What!

Whatever happened to precious metals in April seems to be the start of some kind of paradigm shift. All the precious metals experts that I follow have been left scratching their collective heads as to what is going on here. We had OPEX, the BoJ and Fed all in quick succession and something seems to have shifted. We did not get the smack-down as everyone was expecting. Most of the money is still sitting on the sidelines waiting for the retrace. What happens this week will be very interesting indeed. See how we go.

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SLV

HUI

GDX

GOLD

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Big PM chart

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