PM End of Week Market Commentary: GDX, GDXJ, GOLD, Silver, USD

On Friday, gold dropped -11.50 to 1132.30 on moderately heavy volume, dropping briefly below the 1130 low before rebounding slightly.  Silver fell -0.13, continuing its slow decline targeted on retesting the low set two weeks prior. While the buck rose on Friday and that seldom helps gold, it looked to me more like the shorts … Read more