Several months ago, we discussed the blowout momentum readings for the junior gold and silver miners.
These momentum thrusts often initiate the beginning of significant trend reversals, not the end.
Since then, the price action has been lackluster. However, our technical analysis suggests that the bulls are on the cusp of stepping in and resuming the primary uptrend.
Let's delve into the charts and how we plan to profit from them.
Silver Miners $SIL are printing fresh 52-week highs relative to silver futures:
Here's the replay and chartbook from the December 5 livestream. Note that we talk strategy every Thursday at 11 a.m. ET, and I answer questions in the chat room.
Be sure to join us and maximize your return potential.
Here's the replay and chartbook from today's livestream. Note that we talk strategy every Thursday at 11 a.m. ET, and I answer questions in the chat room.
Be sure to join us and maximize your return potential.
*BREAKING NEWS* $BTC printing fresh all-time highs priced in every fiat currency is NOT bearish for gold.
We recently recorded a video with our in-house crypto analyst, Louis Sykes, to discuss the connections between bitcoin and gold.
The relationship isn't perfect, but it would be irresponsible of us as investors to ignore the correlation between 2 of the most significant hard-money assets in the world.
Here's the replay and chartbook from today's livestream. Note that we talk strategy every Thursday at 11 a.m. ET, and I answer questions in the chat room.
Be sure to join us and maximize your return potential.
Gold futures have been down in 6 out of the last 8 sessions since the winner of the U.S. Presidential Election was announced.
The US Dollar Index $DXY has been adding fuel to the selling pressure as it has screamed higher toward the upper bound of a multi-year range.
However, the dollar is entering one of its weakest seasonal periods of the year and should start serving as a tailwind for our shiny rocks.
And if the dollar is about to roll over, our equal-weight basket of precious metal stocks will likely resolve its multi-decade base and make new all-time highs:
Here's the replay and chartbook from today's livestream. Note that we talk strategy every Thursday at 11 a.m. ET, and I answer questions in the chat room.
Be sure to join us and maximize your return potential.