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Are Silver Miners Poised to Outperform Gold Miners?Introduction: At the start of 2024, we were strong advocates for precious metals, and this strategy is paying off. Gold is consistently reaching new all-time highs, while silver is surging to levels not seen in over twelve years, finally capturing public attention. However, during a genuine bull run in precious metals, it's crucial to watch for mining stocks to outperform the spot prices of the metals. The lesser-known secret among gold enthusiasts is that investing in mining stocks often yields higher returns than holding physical metals. Analysis: Spot Prices vs. Mining Stocks: While gold and silver spot prices are making impressive gains, the true potential lies in mining stocks. Historically, mining stocks outperform physical metals during strong bull runs because of their leveraged exposure to rising metal prices. Silver Outperformance: We focus on the potential for silver to outperform gold, especially as silver has been gaining momentum. In this context, it's key to monitor the performance of silver miners (SIL) compared to gold miners (GDX). Broadening Wedge Pattern: Currently, the ratio between SIL and GDX is forming a broadening wedge pattern. A breakout from this pattern could signal a surge in silver mining stocks, indicating a shift where silver miners may start to outshine their gold counterparts. Conclusion: As precious metals continue their strong performance, the focus shifts to mining stocks, where the potential for higher returns lies. A breakout in the SIL-to-GDX ratio could mark the beginning of a new phase, with silver miners taking the lead. Traders and investors should keep a close eye on this ratio as a key indicator of the next big move in the precious metals sector. What are your thoughts on this potential shift? Share your insights below! Charts: (Include relevant charts showing the SIL-to-GDX ratio, the broadening wedge pattern, and potential breakout targets) Tags: #Gold #Silver #MiningStocks #PreciousMetals #SIL #GDX #TechnicalAnalysis
AMEX:SIL
by Richtv_official
Will Silver Close at the High This Year?In September, we discussed the potential of silver forming a 'Cup & Handle' pattern, similar to what we observed with gold at the end of 2023. We saw how gold performed in 2024. If the Silver can settle at around here at the end of this year, establishing this formation, we should be able to see the rising trend of the Silver in 2025. In this tutorial, we will discuss why silver may close higher towards end of the year. Silver Futures & Options Ticker: SI Minimum fluctuation: 0.005 per troy ounce = $25.00 Micro Silver Futures Ticker: SIL Minimum fluctuation: 0.005 per troy ounce = $5.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
COMEX:SI1!Long
by konhow
1
Gold Builds Base : Look For Support Below $2650 For LongsMy research shows Gold will make another big move upward over the next 10-15+ days - targeting $2740-2750. But first, Gold will attempt to base/bottom near or below $2650 over the next two trading days. My research suggests Oct 3 and Oct 4 will likely be the start of a rally phase for Gold targeting the $2750 level by Oct 14-15. I believe traders should attempt to look for long entries below $2645-2655 and view any move below $2640 as a deep low opportunity. Gold is still hedging the global risk factors at play throughout the world and will attempt to move above $3050 before the end of 2024. Get ready. This is the start of the big rally phase I've been warning you about for the past 3-4+ years. Everything I suggested would happen is taking place right now. You just have to be able to take the trades to benefit from these moves. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:GC1!Long
by BradMatheny
Cup and Handle Setup in SilverSilver has just formed a Cup and Handle pattern, suggesting it may begin trending significantly higher soon. This pattern is very similar to what we saw with Gold at the end of last year, where we also discussed the Cup and Handle set-up. At that time, my projection for Gold was that it would start trending much higher soon. From USD 2,000, it has now reached around USD 2,600, with more potential upside to come. Micro Silver Futures Ticker: SILZ4 Minimum fluctuation: 0.005 per troy ounce = $5.00 Disclaimer: • What presented here is not a recommendation, please consult your licensed broker. • Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises. CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com
COMEX:SI1!Long
by konhow
6
SILVER'S TIME to TAKE BREATHER Fundamentals: Bricks buying and geopolitical tensions have kept Gold price elevated pulling up the silver price with it. I believe the Bricks meeting this Sept to be a selling event given that all of the purchase goals (for now) will be met by the meeting. Gold is the stronger of the two metals. I am leaning short Gold but I think silver has more downside potential given recessionary woes (industrial applications). Seasonal and Election: Looking back Sept-Oct are typically down months for metals. Technicals: The price is now up against heavy supply zone and major $30 psychological level. There is a head and shoulders pattern (4r) forming inside of a much larger head and shoulders pattern (2day) (See previous post). At the moment the price has failed to pop back up above the 4hr MA. It may recover. However, I will be selling into strength inside of the the supply zone with a stop on a 2day close above the $30.50 level. Fed Thoughts: The market has all but priced in a rate cut at this point. Every movement this year has been predicated on them (despite never materializing). I am of the belief that the cut itself will be a selling event regardless of whether or not we get a short lived rally. Expression: Given that I am skeptical on equities and bearish Silver I will be shorting SILJ given that it has a history of outperforming to the downside on Silver draw downs. In addition, the upside/risk is limited (as much as it can be haha). Major funds are not investing in juniors. They have and will put capital into majors like GOLD and NEM if metals continue to push higher. In addition, miners are not experiencing the upward pressure that Gold and Silver have because central banks and foreign buyers (the reason for the rally in metals) are NOT buying miners, they are buying physical metal. PAAS is also a strong short candidate. It is a basket case (major earnings miss) and will outperform to the downside.
VANTAGE:XAGUSDShort
by TheSilverOracle
2
Gold Wash-out Low after Flag Apex. Need To See $2540+ On Close.Watch this video if you are trading gold. With a perfect Flag formation and a deep washout-low rotation, we need to see Gold rally back up to near $2540 to reach the Apex level again. Any continued price weakness will show Gold may be attempting a deeper pullback after reaching $2570. I believe Gold will settle very well into the end of the day. Possibly even reaching $2550+. But, this is news-driven. This move is related to the geopolitical events taking place in Taiwan and other areas of the world. Buckle up. Gold wants to move above $2602 - but it will be a struggle from now on. Get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:GC1!Long
by BradMatheny
Gold & Silver May Rally 65% to 120% Before End Of 2025This updated research video highlights why I believe Gold and Silver are about to launch higher over the next 90+ days - into the upper ranges of my BreakAway phase. This move would represent a 20~25% move for Gold and a 35~45% move for Silver. But the BIG MOVE won't happen till after November 2024. That's when I expect to see Gold make a large upward move targeting $3500~3750+ and Silver making a move targeting $40~55+. Why am I so confident metals will make this aggressive move higher? It comes down to two things. A. If the US economy continues to be the 900-lb Gorilla compared to other global economies, then metals will become the primary or secondary hedge asset for most of the world (the US dollar being the other). B. The turmoil related to a new US President (new policies, plans, foreign relationships) could present a very real tipping point for certain aspects of the global economy. And it does not matter if Trump or Biden wins. The reality is the world will be shifting quickly into a transition phase as we move closer to 2030. Part of the Generational Cycle process that many people fail to understand is human psychology paired with excessive central bank manipulation over the past 20+ years. This has led to a very interesting global central bank predatory mode, which is currently playing out quite aggressively related to global currencies. The primary hedge instruments are US-Dollar-based assets and metals. That will probably continue - but at a more significant demand rate. All of this plays out as an incredible opportunity for skilled traders. Go get some. #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold
COMEX:SI1!Long
by BradMatheny
2
Silver is in short term consolidation before breaking $30It doesn't matter what short term paper contracts do, or taking profits - the East is importing gold and silver at a beguiling rate that won't allow for much shenanigans for the metals market. I was however surprised to see the price bounce exactly off the top of the box. I see silver going down to $24 area, shake out some hands, and rocket up past $30 after options expiration date. I see a smaller consolidation week in May before going even higher. I HIGHLY recommend Silver Miners right now. They saw some life this week and last - and since they usually lag, I can see them being down for the next two weeks before going up themselves. I like AMEX:SIL , AMEX:SILJ , and NUGT for indices, and NYSE:NEM for the best miner in the world for one simple reason - AMERICA will be the LAST country to nationalize their natural resources in a communistic reaction to the skyrocketing dollar. I expect that to happen starting next year.
AMEX:SLVLong
by EmptyEternity
1
Silver will fall 10% - AGQ will fall 20% for retracementA 70% chance that silver provides a retracement next week, as the attacks on Israel by Iran are not coming out - and the West is getting desperate (I smell a false flag if Iran doesn't bite). Asia (ChIndia - China & India) are hodling silver and gold and will provide the impetus for the forward price of precious metals. TTM squeezes normally see price bounce off the opposite end as a fakeout before its continuation. I see that on multiple smaller TF's and a retracement to the middle BB on higher TF's. I see a huge boost of silver miners coming up shortly, but for now I see a consolidation happening. Options for AMEX:AGQ was .05 for $36 June, so I see this going up to $1 or 20x if all goes as planned. Then time to reload for metals blasting off!
AMEX:AGQShort
by EmptyEternity
9
Silver looks like it could take another 10% haircut before 🚀"That's a HUUUUGE wick" - Deuce Bigalow Not uncommon for PA to come back down to touch the 20ema - which intersects a big trendline AND illustrates a backtest to the broken downward trendline. I anticipate this move happening fast, and could be combined with a minor market drop overall. Exo-political situation that's escalating is the USDJPY - and the BOJ is taking it's good ole time with correcting its currency. When they dump treasuries I anticipate a vertical trajectory of precious metals AND miners. When that happens (not IF) that will over-ride any PA - so it might be wise to start building longer positions i.e. OTM call options slated for July expiration ( AMEX:AGQ ). Since all Central Banks are reactionary in nature, the FED will wait till something breaks in the bond/treasury market but that can't happen until the BOJ dumps treasuries. And that can't happen until the dollar's ascent forces them to do this. So I see a higher dollar still, which will reflect the blunting of precious metals.
FXOPEN:XAGUSDShort
by EmptyEternity
The Silver MinersThere are various tickers you can look at, all of them look to be at or close to support with steep hidden bullish divergence. Individual stocks would include - FSM, AG PAAS, EXK among them. This is the ETF for Silver miners. Slightly lower is possible, but I think the metals and miners will probably get a bid within a few weeks if not sooner. This would be a large move, but when we look at the historical chart for this etf, we are still near the very lows. Good luck!
AMEX:SILLong
by the_sunship
Gold is about to breakout above $2k - Here we goThe Fed and US economic data will likely prompt s big move in Gold/Silver over the next 36+ months. My read on the data is that we are starting a price cycle that is similar to 2002~2005 again. Early bullish trending throughout 2002~05 prompted a massive 500% rally in Gold - reaching a peak in 2011. If that happens again from the $1700 support level, we may see Gold reach levels above $11,000 by 2027~28. This is NOT the same market condition as 2019~2022. Follow my research
COMEX:GC1!Long
by BradMatheny
2
SILVER decision timePlease 1st of all click the boost 🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. This is follow-up to the idea I posted 3 months ago when I called falling wedge breakout to the upside. XAGUSD is doing really well since and now is heading into strong resistance cluster created by zone 24.15-24.40 and by major downtrendline (red). Notice the price action which formed rising wedge pattern (lime) which is usually bearish, but it can also break to the upside - in the early stage of new uptrend. So decision time is coming ... breakout up or down? Just closed part of the long position just in case we turn down south. I will not be trading until break occurs and things settle a bit. There is another hurdle @ 26.20-26.95. Sitting on the sidelines is sometimes the best thing one can do! Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
FX_IDC:XAGUSD
by bizmark
4
SILVER falling wedge breakoutPlease 1st of all click the boost🚀 button if you want me to post more ideas and follow me to support my work! It's absolutely for free. XAGUSD backtested twice the previously broken violet downtrendline (zoom out) and it held as support. Price recently bounced up and now breaking the falling wedge. If the break is successful then we could see price rising to the resistance @ 26.21. GOLD/SILVER ratio (see chart below) reached strong resistance and now dropping hard (as predicted) meaning that silver is stronger than gold. This is usually the case in metals bull market, silver is just high beta version of gold (aka gold on steroids). Are the metals bulls around the corner? Check my other stuff in related ideas. Please boost🚀, comment🗣️, follow me✒️, enjoy📺! ⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
FX_IDC:XAGUSDLong
by bizmark
7
Silver Breaking Out (upward). Gold/Platinum should followGold/Silver bugs - are you ready for what a lot of us have been saying for the past 5+ years. The base/bottom in metals back in 2015 was the critical base for the next big move. This upward price swing should be the next accumulation phase which will drive a speculative phase in about 3~4+ years. That speculative phase will be MASSIVE (should happen near 2027~2029). You gotta love when the world sits and waits for metals to move - then ignores the 40% rally in metals/miners in the early phase - right? Here we go.
COMEX:SI1!Long
by BradMatheny
Gold could skyrocket higher in NovemberGold and Silver could move dramatically higher after the US Fed comments and the shift in how capital seeks safety. Precious metals have been consolidating downward for months. Now, it appears the Feds comments have shifted how traders/investors view precious metals. It is very likely this shift may prompt a very big upside price move. As traders suddenly realize the undervalued metals prices have not adjusted to the global risk factors associate with a US 5% FFR (creating global economic concerns), I believe precious metals may move sharply higher (very quickly). The Fed is on a mission and may prompt a massive global contraction as excesses and risks continue to elevate. Just like in 2004~08, precious metals drifted higher until the crisis event in 2008-09. Then, after a brief contraction, metals skyrocketed more than 85% higher over 2.5 years. We may be at the start of a 150% rally in gold (or more). Stay tuned. Follow my research
COMEX:GC1!Long
by BradMatheny
Are Precious Metals Finally Reacting To Fed Fear?Myself, like many others, continue to believe Precious Metals (#gold & #silver) are about to enter a very explosive price phase. The past 12+ months have seen Gold rally after COVID, then enter an extended decline phase as the speculative bubble distracted everyone from core value. Now that the Fed and GCBs are dancing around rate increases, higher inflation, and consumer demands, will Precious Metals shift direction and start a new up trend? Time will tell, but this recent Double-Bottom in Gold certainly looks promising. I'm still cautiously optimistic the past 10+ years of extremely easy money policies will setup a huge rally phase in Metals. Near Dec 2019, my main cycle system moved into a Depreciation cycle phase. That means we have until 2029+ for this cycle to continue to unwind. Remember that is still 6~7+ years from now. The unwinding phase will be very similar to the 2000~2009 Depreciation phase - sideways trends with extreme volatility. I expect a slow melt upward over the next 3+ years, eventually extending into a parabolic upward price trend (increasing in speed and volatility as we near 2028~29). This recent BASE ($1690) will probably turn into a very strong decades-long base/support. We've never been anywhere close to what is happening in the US/Global markets before. But I'm here to tell you the real fun start after 2026~27. Until then, the global markets are shifting in structure, attempting to find support - just like what happened near 1997~2001. Get ready for another 5+ years of big volatility and trends. Follow my research. Don't miss these huge trends.
COMEX:GC1!Long
by BradMatheny
First Majestic Silver AG - Rare OpportunityFirst Majestic silver along with the rest of the mining stocks have been pummeled the last few weeks.. or months..er I mean years. It is my strong opinion that a rare opportunity has opened up in many of these stocks - historical. These monthly candles really help depict the birds eye view necessary to spot the larger patterns and trend. AG has been forming a large wedge for many years and broke out a few years ago.. Price is now on the launchpad. It might be a slow rocket getting off the ground but it has a tremendous amount of fuel.
NYSE:AGLong
by gghsusa
14
SILVER RESISTANCE RESISTANCE RESISTANCE... NOW SUPPORT?Looking back at silver over the last decade reveals a very significant trend. Note the resistance peaks and where silver crawled around in the dirt for years and years. In 2020-21 silver broke out of that trend only to come all the way back down the touch the trend.. right now. Is the old ceiling the new floor? It very well could be. It is my opinion that silver will more than 10x over the next 6-10 years. However, we are in strange times and things are accelerating. It is possible that this 6-10 year forecast is too small-minded and things happen much sooner. I am very interested in silver, gold, and the miners moving forward and I believe this could be a bottom.
TVC:SILVERLong
by gghsusa
4