Silver outpacing Gold is a bullish sign for the sector.
Silver miners (CDE PAAS etc) diverging from and leading Silver to the upside is also very bullish.
Trade active
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Wow could not have asked for a better blast for my overweight gold & silver miner positions.
FWIW, I think today and yesterday are recognition of a new bullish cycle. Since Sept the fundamental case for Gold & Silver have only gotten (much) stronger.
Since it's holiday volume, I think this move could actually accelerate from here and further lock most people out. How many people are thinking this should dip, and a dip would be a good buy given the fundamentals out there?
I'm thinking something like this
In any case, Merry Christmas let's see what the new year brings.