RE:Seems significant, but not in relative contextTXRogers wrote: Get used to these larger and more dramatic swings in the Price of Gold, Silver, and Platinum.
But is today's market action really that dramatic?
Not in my opinion. And most definitely not when viewed on a YTD chart of these PMs. The higher these metals go, the more you need to put the price swings into context within the greater trend.
As for Novo: The stock price continues to remain above it's latest PP offering. And investor demand for the PP has resulted in a second revision to the original offering. Not bad. And bullish.
But the real opportunity that has materialized pertains to Silver, and the respective miners / explorers. A great entry point has once again presented itself to investors. It would be a shame not to take advantage of it.
Other than that, nothing to really fret about in my opinion. We're all still heading to the same place. Like it or not.
Tx
It was a good day for shopping as silver converged on $25. Quite a few silver miners down >10%. Tomorrow might be even better (or not). I suppose silver could test ~$21.50. Dips haven't been lasting too long these past few weeks, and corrections might prove to be just as fleeting.