Hedgeye sees Quad 4 in Q4, meaning they are not long gold miners and they have a big cash position in anticipation of buying opportunities. I respect their view and agree to have cash ready. Personally, I think the correction is nearly over and could see $27 silver this month.

It all comes back to the Dollar. To me, it looks like the USD rally has lost momentum and is rolling over. If DXY bounces from here (93.40) and starts aggressively attacking the 9/25 high of 94.75, then get ready because we will get more downside.

I clarified myself in other threads, repeating here if anyone comes across this thread. I see lower silver short-term bc I think stimulus will be underwhelming but once we do get massive stimulus the metals could breakout to new highs rapidly.