Chugging Along

The metaphor of “the train leaving the station” is certainly tired and overused. But it is what it is and the proverbial train sure seems as if it pulled out a week ago and has only sped up in the time since.

The good news, though, is that it’s only Comex gold so far that is chugging along. Comex silver is doing OK but it’s only just getting going and the shares are…well..the shares. I keep looking for a spot where gold will pause, pull back and consolidate but I’ve yet to find it. My thought was that the area around $2150 might provide that resistance but, so far and as I type…

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