Overnight the BoJ decided to roll out more QE and it’s having the expected effect on silver and gold this morning. US will most likely follow, as will other countries, bringing us to “turn 2” (think Nascar or Kentucky Derby) in the race to debase.
Dollar’s heading south again and the runaway move in metals continues.
I am playing this via GDXJ, AGQ and some other metals and miners names.
Stay safe, play the trends and manage risks always….and trade the extremes.