Record amounts of Silver shorts. Gold at verge of breakout. geo political tensions are red hot right now. The 2011-present downward trend line looks like it might break out upwards imminently. The US story is blowing up with the 'recovery'. North Korea is a tinderbox situation. In fact choose anywhere globally… its a mess. Days of notional gold short contracts haven't pushed gold down much at all and its knocking on US$1300 door now…
PNX has good story and precious metals in ground. Plenty of posts here and info. to fill in the gaps.
I cannot for the life of me understand why anyone would take the chance going in to the weekend not to position in to precious metals companies/physcial right now.
Serious times and absolutely huge upside for many precious metal companies coming up shortly.
JFI
PNX Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held