All July Goals Met

With a week to spare!

Thu, Jul 23, 2020 - 10:01am

Back in mid-June, we began to lay out the forecast of a "strong July" with goals of $41-42 HUI, $20.00-20.50 Comex silver and $1880 Comex gold. After an early morning surge to CDG $1888, I'm happy to report that all those goals have now been met.

Does this mean that we're now all doomed? Of course not. If we continue to rally in August, I can assure you that no one will be happier than yours truly. However, there were reasons to expect the rally in July and there are reasons to expect a consolidation in August. So let's see what happens.

And why was $1880 the target in...

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