Disorderly Sponsorship

I must've dreamed a thousand dreams
Been haunted by a million screams
But I can hear the marching feet
They're moving into the street
--Genesis

Yesterday gold topped $1800 for the first time since 2011. Silver launching from coiled position as well. Reflected well by the chart of Pan American Silver (PAAS).

Pretty breakout from textbook cup and handle pattern.

As we've noted many times on these pages, precious metals are bets on disorder--whether than disorder be financial or social.

Given current events, it is easy to see why this bet is attracting sponsorship.

position in PAAS