Hypotheses : Scenario: We are in a late cycle, expecting more FED interest rates hikes, and the TVC:GOLDSILVER at 70+ level, and strong USD TVC:DXY if: $DXY stays strong and more FED QT then: At least a 28% correction in the money supply and Precious metals correction May Hedge with cryptocurrencies COINBASE:BTCUSD else: Kind of stagflation...
PMC recently revised its 2016 forecast downward - sending its share price tumbling. From there the stock has been trending more or less sideways (there its little data since the drop to form a between 22 and 23 with volume declining. This suggests a major move north or south is called for - which we got just recently. Volume has picked up slightly on that move...