@peejayherculesyou are in a stock - not the spot price. the benefit of being in a cheap exposure is it should gain relative support during consolidation phases
so while whole sector will tend to track the spot trend and jerk around at trading start depending on o'night spot moves, IVR and PMY should get a stealth bid relative to ARD. ie sp falls less relative to ard and goes higher on % basis if and when silver tracks north again
I dont think market will perceive SVL as higher risk than IVR - i expect SVL to lead the group on relative strength
thats if market shares my assessments once it does the homework. which - as you can see - even when its laid out for them 95% of retail investors cant understand and 85% of instos cant bid as yet
but the machines generally do the work anyway
technical traders will call for a pullback in silver spot because silver is overbought on weekly
historically it resolves in either a v short drop lower then rocket explosion higher (once a decade) - but the more normal behaviour is for some back and fill = but again - thats the silver spot price not necessarily the stock.
the signs suggest this might be the once in a decade version. but we shall see
i noticed btc etc started to pop. the investment banks may be doing that to draw support from PMs. or it may be authentic weight of money
if its weight of money then i would expect silver stock multiples to rise while silver spot price consolidates - as more 'late' money pushes into the sector
