After an initial upside breakout of the gold silver ratio, it seems like an around the apex move is imminent, which will result in a sharp drawdown.
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. Got Juniors?
$SBSW is looking to enter its next leg up, as it has broken its downtrend on the recent Rhodium strength.
Platinum Gold Ratio suggests Platinum outperformance. That doesnt mean that gold wont go up - just that platinum will go up more.
Gold and Silver mining equities remain very cheap relative to gold. Using historical prices and disregarding dilution, the upside of miners to current gold prices is GDX: 96% SILJ: 132% GDXJ: 260%
Comparing Silver to the USD, it is still holding up pretty well. Compared to real yields, silver should be about 24% higher.
Elevate's Chart just looks too good. Could be a quick 200% if history is prologue
Ethereums Arc shows the way towards $4840. If it plays out, it should be a great short term play
If it does, some more short term pain should be followed by a sustained move towards old highs.
The breakout of the Silver Copper Ratio suggests Precious Metals outperforming Base Metals over the coming weeks
Litecoin - Big and small Arc play out perfectly The small Arc suggests that there is at least 50% upside left in Litecoin before it reaches its breakout level, from which it could ascend much higher.
Looks like gold is about to turn direction and follow the arc higher towards its previous all time high within the next couple of months.
Lotus Resources is backtesting its breakout for a significant move higher
Crude Oil is attempting to break out of a long term resistance. Target is between 100 and 140$ per barrel
Transocean Ltd. is shaping up to become a massive turnaround story with great upside potential. Youre betting on sustained higher oil prices here. The stock is still selling on cents on the dollar from its last high in 2008.
A bearish ascending wedge in the S&P500 Futures just broke down - expect further downside risk.
In the early 2000s, the flooding of the McArthur River and Cigar Lake mines were immediate black swan catalysts that further accelerated the existing bull market into a mania moving uranium spot prices to a peak of $150/lb in 2007. The flight to commodities as an inflation hedge following the Great Recession served as an additional catalyst underpinning the...
Ask yourself: Would you have been able to hold through the multiple 40% corrections in between?