This thing just wont die...it really needs to roll (I'm not sure what the news unit is talking about) but I'm not seeing a major selloff, YET.
This close to $40 is when I sit back and watch the tape, and see who steps in and buys.
Oh and just for inflation adjusted figures we should be well over $100/oz, so I'm actually quite disappointed in this play so far...we need major covering velocity into $50 and out of $85 in order for this to even be considered caught up. Dont be happy with $40. We are still getting fucked here.