Leon11,
My impression is that the SP for GDSM has been unduly depressed by the fact that the MXMI divi comes to maturity today. I look forward to seeing how the MXMI chart will look once trading in that becomes more substantial (for now the volume is too low to be a reliable indicator) and the upcoming announcements from GDSM itself.
Let's remember that the seasonal factor is strongly favorable to gold and silver, starting early in September . Plenty of documentation, with historical analyses, are available on the kitco.com site.
Thanks for your highly informative posts – always a good read.
Best,
alj