If you make a ratio of Gold Juniors to Gold Majors, you will find that there is an arc in the making since 2010.
It looks like we are about to enter the fun side of the arc, where juniors outperform majors.
This is historically often a sign of liquidity and luster returning to gold, in the form of rising gold prices, and risk securities outperforming.
Silver, which has been hit this on Thursday, made a comeback right after this quick selloff. This quick recovery might be seen as a confirmation of the bull market in place since last year, as the deep has been bought quite quickly by investors.
This set up seems particularly positive for the months to come, in this reflationary recovery in which silver would play...
Alien metals (UFO) after an 8-month correction seems to be about to turn up again judging by:
- A momentum turning up
- A reverse head and shoulders pattern
- A price above the 50-day and 200-day moving averages
- A positive Ichimoku set up
Knowing that last year's up leg ended up with a multiplication by 30 of its price, before correcting, UFO could this time...
Alien Metals, which is a high beta play on silver, but also other base metals such as iron or copper, seems to be retesting its resistance after a 7-month consolidation.
Given the positive dynamic of precious and base metals, $UFO might reach new highs in the coming semester.
Silver to Bitcoin bottoming formation complete; could turn in to a nice cup and handle. This is extremely bullish for silver.
Wondering how to convert bitcoin to silver? Check out what reddit has to say about it:
Silver, after a decade long fall, has entered a positive momentum and now offers a high risk-return trade-off.
Correcting the price of silver for the quantity of money, we can notice that, according to this measure, the last silver peak of 2011 would now be equal to roughly $100.
While this does not indicate whether silver should reach $100 over the medium term,...
Some profited, some burnt, in Silver's >10% surge earlier this week, and then a sudden flash crash of sorts.
what is worse, is that it is telling us that there is a lot of sell presuure higher up, and now it would probably look for the downside support of about 22.50
If SIL can hold above 44.5 the next few days, we could see a breakout to 66, 67 over the next few weeks. If not, it could drop as low as 40 before a bounce. That would not be surprising either as we're in a time of extra volatility likely for the next month. If it drops much below 40 I would get the hell out of all stocks.