New Highs For SILJ And SLV

SILJ made new 2 year highs today, while SLV is set to make it’s highest daily close in the last 4 years, if it closes where it is, as I type. So much for those that refuse to admit precious metals and their miners are in a new bull market! The small investor still hasn’t even noticed, which means we have much higher to go. Stay long and strong, take advantage of sharp pullbacks that might only last a day or two, to add to positions. We well get the typical 25% correction at some point, but like Michael Oliver, I don’t think that it’s in the near future. Be prepared to hold through it, or for those that are great traders, they might try to side-step the decline when it becomes obvious it’s close at hand. But for now, nothing to do except sit tight and let winners run.