Silver & Gold, Plus Their Equities, Surge Higher on Friday

No one is happy about the underperformance of the precious metal equities, which includes me of course.  And as I said in this space last week — and the week before…’da boyz’ or the high-frequency traders, are still in firm control of precious metal prices in the COMEX futures market, although they appeared to take a break on Friday.  However, far brighter days will be ahead once these current engineered price declines are in the rear-view mirror.  That may have started yesterday, but it would be very premature to make that judgement.