Gold is showing a potential inverse H&S pattern.
Silver is in a well-defined uptrend.
As are the miners.
But all bets are off for the miners and silver most likely if US equities head south.
Jim Rickards on CNBC discusses the May 11th IMF meeting in Switzerland
to discuss the dollar alternatives, the SDR and gold.
And it is worth watching the reactions of the CNBC anchors to what their guests
have to say, and the elegantly polite way that Rickards deals with Joe Kernen.
It's kind of sad that after all these years Joe Kernen is Becky Quick's assistant.
Doesn't he have seniority or something? Can't Immelt throw him a bone?
"Why is my language not clear to you? Because you are unable to hear what I say. You belong to your father, the devil, and you want to carry out your father’s desires. He was a murderer from the beginning, not holding to the truth, for there is no truth in him. When he lies, he speaks his native language, for he is a liar and the father of lies."
John 8:43-44