Gold bounced off a crucial long term support last night around...

Gold bounced off a crucial long term support last night around the ~1830 price thanks to very high CPI figures again. Silver joined in and gave PM miners some respite from the current sell off, this was inspite of The S&P 500 and Nasdaq getting smashed…. GDX, GDXJ and SIL and SILJ all bucking the trend to rise ~4%
I think MKR will need to refinance again around August time but hopefully its a lower balance, eg down to a few mill by then. If the USD tanks before then (could happen if FED relaxes tightening policy) that will also help the cause.
MKR got a little mention on * yesterday (its just an algo based review, but still…..) which MKR also repeated themselves via twitter, this makes me feel their own management are feeling a bit of internal confidence in their operations now.
I am fully into PMs now and feeling the pitch but not budging…. Those buying this sector right now are gonna feel very smug in 12months time…..
That phrase ‘time in the mkt’ is more important is BS….. the big wins are made by those who master ‘timing the mkt’…
Hang in their silver Bulls!