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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: FCom777 who wrote (195668)4/4/2024 12:45:52 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 219475
 
If rates continue higher then that would surely put a big damper on the precious metals...

GZ



To: FCom777 who wrote (195668)4/4/2024 2:31:39 PM
From: yard_man  Read Replies (1) | Respond to of 219475
 
have light short positions on now ...
lightly short the metals??

probably good -- you can always pile on if they pick up steam on the downside.

the nice thing about it -- the mining shares often lead the metals at turning points --
so if they start to weaken it can be a great signal to short the metals.

I'm expecting a little more before they correct ... we shall see


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