Dan...
Quite a call for you on SUR -- congratulations. A very nice day for gold and silver, particularly in view of the strong equities market. A blowoff top is a possibility here for gold and silver, but even if that proves to be the case I would think it would be no more than a short term top that will be taken out in a reasonably short period of time.
The weakness in the $USD continues to drive precious metals higher without hurting equities, but the bonds are now beginning to be hurt some which suggests to me that the end may be near for the equities. Of course I have been leaning toward that opinion for a while now, thinking that the current rally would hold until the New Year then reverse to the downside. I am adding a bit to long term shorts here (the rally makes no sense with gold, silver and oil up, and the $USD and bonds down) but will reassess if the strength continues.
Congratulations again on your great call on SUR -- I wish I had followed your advice on it.
mlsoft
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