Silver is speculation, when that runs out is anyone’s guess. The market still thinks a cut is coming so it’s getting ahead of itself on silver. But, if the cuts do come at some point this year, it would be pretty cheap. Nat Gas is another story. It’s catching up on the data, and the rest causes unnatural moves. Whether algos understand that or not is another story. Summer time is usually lower demand but Europe will still be looking to store LNG with Ukraine still a disaster especially at more attractive summer pricing. So this will give it some level of support, but not sure if it will really help if this goes into overbought territory.

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Probably should have taken my nat gas profits on friday. Oh well.

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