Americas Silver Corp fka USAPF

[permabear]

I'm still watching the gold price. Gold is creeping up with stocks, commodities and other assets while the dollar continues its descent downward. Many invested in precious metals continue to bet on a continued decline in the dollar as the catalyst for precious metals to move higher. As much euphoria as there is for stocks right now, we are heading into the dangerous season for stocks (Sept., Oct.). If stocks do correct or dive, I'm not sure how precious metals will react. Right now they are moving in concert with the upward move of the stock market. But I'm looking for a divergence at some point. Sept., Oct. is historically the best season for gold and the worst season for stocks. If this year follows historical patterns we may finally see stocks break to the downside while gold breaks to the upside. Once gold convincingly breaks $1,000, where there is tremendous resistance, it could/should be off to the races for both gold and silver, and stocks like this should really take off. A lot of ifs there still but I am very hopeful this could be the year for liftoff.