Yesterday, we got a monthly confirmation candle for the 80-month MA breakdown.
On average the first wave lower is about -17.4% on previous breakdowns
The last time the dollar bull market ended, gold soared +500%
I believe we will get either a blow-off top in the S&P or a fundamental event that kills the expansion, sending price below the magenta rising support line.
If the Fed is too slow to expand the balance sheet, then stocks can correct significantly until the Fed eases adequately.
If Trump wins and the Fed expands their balance sheet in 2020 at a fast enough pace,...
Spanish mountain has very little debt and is highly leveraged to the price of silver.
Very little downside here, tons of mid & long-term upside potential. Intrinsically undervalued company & assets. They're sitting on a literal mountain of silver trading well below their 2016 peak.
Conservatively I see SPA / SPAZF increasing 150% in 2020. All this requires is...
Gold & Silver investors, you need to keep an eye on the gold to silver ratio. The ratio helps us in deciding how to allocate our portfolio with gold and silver.
The ratio can also help us to identify trend changes and understand what is happening in the metals market. During a metals bull-market the ratio moves decisively lower.
On the chart you can see that...
