We made it through the cartel attack and the price of G&S is basing...the world turned and will keep turning for weeks-months-years...
The inflation the US is shipping out is running around the world and will be showing up on our door step later this year...that will be bad for the populace but good for our gold and silver.
The US dollar has started to fall away from the 78 level...that will be part of the inflation dynamic. There is a little support at 77.00 then even less at 77.25 and strong support at 76.00-75.80.
If that gives we test the small kahuna at 74.00 and the big kahuna at 72.00. I expect they will all fall by the end of the year.
We should have a second tail wind as the earnings season for the mining companies rolls out this month...the high prices from the last quarter should let the shares lead the price of gold and silver for the next 6 weeks......