I’ll make this short and sweet this morning. The S&Ps are trading up 15 to 1290, Dow is up 110 and closing in on 12,000 again and gold and silver are right back up to test their recent highs.
Along with that, the dollar is at it’s lows with all that is going on in the world. Think the dollar is safe in here? Think again.
This is the week where the fireworks should begin and the final C wave for gold and silver should begin. A 50 handle on silver is what I’m looking for, especially as the dollar breaks down below 74.
Trade ’em well this week and trade the extremes!
P.S. – I will be writing on the Minyanville Blogs site starting this week as well. Come check it out as there should be some great content from great writers on one of the best financial education sites on the web.