These end of month shenanigans were expected due to contract expirations on the Comex.
Don’t get distracted. Watch copper.
Dr. copper has been in a bear market, but formed a bull flag pennant since its uptrend in October 2016.
Stronger copper prices suggests an improving industrial market.
Copper weekly:
Copper monthly:
People say that silver doesn’t behave like true money (like gold) since it also has an industrial use. A copper bull looks forward to bullish industrial growth – which is good for the industrial use of silver.
Of course, it's always best for the fiat money masters to keep gold and silver prices down.
Don’t let short term swings throw you from your positions. Dig in and buy the dips. Keep your eye on the prize.
