Hello Popeye, was wondering how long you thought this rally was going to last. Usually the metals crash in May, but this time the total opposite happened. Must say I'm pretty surprised by its strength lately, but then I see how much the dollar has weakened and it makes more sense. All our bailouts and money printing must finally be taking its effect on the dollar, but I was hoping it would wait until the fall when I got back in the metals, LOL. If this dollar weakening continues I suppose it's possible that we'll have a rare metal rally throughout the summer, but I personally am not betting on that. What do you think? Do you think a sustained summer rally is possible?
Oil is also taking off, which I'm not happy about either because of the price at the gas pump. That right there is pure manipulation; the price of oil isn't even close to where it was last year at this time, yet the prices at the pump aren't that much lower at all compared to last year. Well, nothing we can do about that of course; they raise the gas prices like that simply because they can.
Hope you're doing well Popeye. Have a good weekend.
News 
Market Data 
Discover 
