Can November’s market rally last?
The trajectory of gold and silver prices suggests that not everyone is spellbound by the rise
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SANTA arrived early in November, swooping down in his sleigh to halt the market fall. Markets generally did not fall to their next support levels. Instead, they developed a relatively small pullback, followed by a Santa sleigh rescue that lifted them in new rallies.
The existence of Santa is a vexing question that dances around the delights in unexpected presents and the harsh reality that Santa might not be real. In my family, we do not necessarily want our seven-year-old blurting out the truth to his three-year-old sister.
That’s also a dilemma that sits uncomfortably in the market.
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