The HUI and many junior gold/silver stocks are flat to down today and those that are up are up small. Many traders and market timers have been selliong gold/silver stocks the last few days in anticipation of a COT event by next Monday. So far gold and silver have strongly resisted this down event that so many are looking for. If gold/silver have an up event instead this leaves huge sums of money from legitimate gold traders, gold market timers and short-mid term investors on the sidelines plus the new money investors now looking for entry into gold/silver stocks.

The CRIMEX Dec contract battle is of epic proportions and maybe the most important event to gold/silver in years. Even an engineered small correction would now be a huge win for the gold/silver sector and bring huge sums og money back chasing gold/silver stocks as they realized their mistake of being on the sidelines.

From the looks of this market gold/silver don't want to cooperate with the supposedly all powerful cartel and if gold/silver stay here or go higher into the COT options expiry next Monday, well you can imagine the money that will pile into shares. Either way, small correction or go higher, the shares win going forward. It's pay me now or pay me later, do not become part of the statistics of those left behind or trying to time this market, that has now become a mugs game at best. In my view sitting tight or adding to positions is going to be a winning trade for sure while trying to be cute or think I'm a great trader is the high risk trade now as many left holding the empty bag will refuse to chase what is a junior gold/silver market that is just starting a huge 4-5 month move higher and they will lose out bigtime. This could end up a traders nightmare.