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Badcharts
Aug 1, 2022 3:25 PM

Gold & Silver Miners versus US equities Long

ASA/SPXNYSE

Description

Gold & silver miners are once again historically cheap.

That thick black line with multiple touches is the go-time breakout line.

Precious metals complex will be much higher by the time we get a chance to test it.

#silver #gold #spx #fintwit
Comments
Cryptogold14
Well done. I recently noticed silver miners were near historical lows, a screaming buy, given projections for silver demand. Other metal miners are near 50% off their highs, looking attractive as well. I think this could be the next big play.
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