Sunday, April 14, 2013

Copper and Silver going to pull us down?

 Here we have copper, can't get out of it own way.
How can it be going down if we are having a strong housing market and cars are selling like crazy??? Don't know but it's not good.





SLV  against the $spx cash.
Gold has broken support but as yet SLV is hanging on. ( no chart)
I don't see how SLV can diverge the SPX with out a pull down.
I consider SLV more of an industrial metal.

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