What matters more for the gold and silver prices… Yields or higher physical deliveries on the options market
Dave Erfle, Founder of The Junior Miner Junky joins me for a focus on the gold and silver markets. We start by comparing the recent bounce in gold, GDX and GDXJ. GDX actually made a lower low while the other two held the key November low. We also look to the options market with the expiration date this week. We are seeing higher than usual deliveries, but does this matter for price?