A strong week for the metals

It was another strong week for the precious metals, with Gold and Silver seeing net weekly gains of 1.7% and 2.0% respectively. Notably, Silver saw a ninth consecutive weekly gain, which is the best run ever for SLV (since it first appeared in spring 2006), and the best run for Silver since at least 1990.


GLD, weekly

SLV, weekly

Summary

Silver is leading the charge higher, followed by Gold... with a somewhat struggling copper - but still holding well above the Nov' breakout.

The 'Mr inflation is out there lurking' thesis doesn't seem so crazy anymore.
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