Since we posted today’s alert yesterday, but gold and silver moved somewhat higher in today’s pre-market trading, so we thought that you might appreciate a quick update from us.

At the moment of writing these words, gold is up $8 and silver is up $0.08 and the USD Index is 0.13 lower. Miners (GDX) are up by 1.76% in the pre-market trading. In light of what we wrote in the latest alert and the previous ones, today’s move higher in PMs is in tune with our expectations. Silver is not outperforming gold in a significant way, and we can’t speak of miner’s very short-term underperformance either, so it seems that we will see at least a bit higher metals’ and miners’ values, before another big downswing starts.

As always, we’ll keep you - our subscribers - updated.

Thank you.

Sincerely,
Przemyslaw Radomski, CFA
Founder, Editor-in-chief, Gold & Silver Fund Manager

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