Midday Missive

There has been some profit taking up here in the Silver miners.
Guys locking in 40% winners.
It has not had an effect on price.

SIL…showed the path to higher prices. I’ve added it to my stock screener. You should too.

Gold…1420 is today’s ORH#

I’m taking half my Gold Miners off when the GDX trades 27.
I have an offer in the calls @ 1.09
I’ve been long the AUG16 27 Calls.

Will look to roll them up.

This capital flow is ending.

Looking at this as a Mid-week high and a possible trend change in the Indices.
It’s early!!!

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