We’ve been surprised at the recent action in
the precious metals complex. During the recent correction the shares were
showing quite a bit more strength than the metals. Then the shares took a
dive below support yet the metals maintained their recent lows! How do we
interpret this wild volatility in the relationship between the shares and the
metals? Quite often we look at daily and weekly charts. Now is the time to
take a look at the monthly charts which can help us get a better read on the
larger trends at hand.
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