Not sure what to make of this pop.
I got out of my shorts yesterday, thankfully.
But I was so close to placing a buy order for AGQ(2x Silver ETF) yesterday...
It's up nearly 11% today...
And the stock market rose today; hopefully we will see a modest drop tomorrow so I can sell FAZ for a small loss.
I can still see silver falling to $22-24, I don't want anyone to rule that out. But now I can see it heading back up to where to it was before the correction, just as, if not more easily.
And we are now officially up in Asia by another 1.5%.