Gold & Silver Miners breaking out versus spx!!! WAKE UP GUYS !!!
Yep, this is happening right now.
Gold & Silver miners breaking out on daily chart versus SPX.
Are you sleeping?
ASA trade ideas
Miners (measured in gold) are historically terribleGold and silver miners (measured in gold) are historically terrible long term holds.
However, there are periods where they can do violent bear market rallies.
This could be one of them.
Always use log scale chart.See this example for gold and silver miners monthly chart.
Don't get trapped using linear defined analysis.
Always use log scale chart.
Miners Priced In GoldYes, I have been bashing gold & silver miners for a while now, and rightly so.
But this is a rare time where I could be turning bullish.
It is an impressive feet to outperform gold, when gold is running strong in its own bull market.
#gold #silver #miners
Gold & Silver miners versus SPXHere is the hard truth for #gold & #silver #miners.
Their performance vs #spx still leaves a lot of questions unanswered.
Time will tell, but it looks like whatever is happening now is still just a bear market rally in a possible basing structure.
The bull era is not here yet.
gold and silver miners versus spxLower highs is not how you define an uptrend.
This does not mean it can't go up.
It just needs to do more work first.
#spx #miners #gold #silver
Precious Metals Fund (gold & silver miners)It took 2 years for #gold & #silver #miners to properly bounce on my imagined roadmap.
Possible bottoms are only confirmed with hindsight, with breakouts confirming trend reversal.
Better to to exit shorts on possible bottoms, not go long.
Opportunity cost is real.
Miners vs SilverHere are hard facts!
This is what happens to gold & silver miners in a true silver bull era, they under perform!
Evidence tells me that it is better to hold silver.
If this chart shows me something different, I will change my bias.
#silver #miners
gold & silver miners vs goldNobody wants to accept this.
Gold & silver miners have lost over 95% of their value priced in gold.
That is one massive secular down trend!
Right now, betting this reverses isn't the high probability move.
At best, you get a cyclical bear market rally.
#gold #silver #miners
Gold & Silver Miners Priced in Gold!!! Warning !!!
This chart might change forever how you look at gold & silver miners...
50 year bear market !!!
Until the evidence changes, very little reason to hold gold & silver miners, instead of gold itself.
Out performance is short lived and must be properly timed.
#gold #silver #miners
Gold & Silver Miners versus US equitiesYes, gold and silver miners are awful...
But the chart defined setup is there for the taking!
#fintwit #miners #gold #silver #spx
Unpopular take on Miners....Gold & Silver miners (priced in gold) are just TERRIBLE!
Do not let anybody tell you otherwise.
#fintwit #gold #silver #miners
Gold and Silver Miners Monthly Log ChartYes, possibly forging a bottom for precious metal complex.
Get really excited once gold & silver miners momentum goes positive. Everything will fly!
#patience #fintwit #gold #silver
Timing Gold & Silver MinersUnderstanding capital flows...
Step #1 - make sure you have capital flows on your side
Gold & Silver Miners versus US equitiesGold & silver miners are once again historically cheap.
That thick black line with multiple touches is the go-time breakout line.
Precious metals complex will be much higher by the time we get a chance to test it.
#silver #gold #spx #fintwit
Why hasn't silver & miners done all-time highs?For those wondering why gold was able to breach all-time highs... but miners & silver haven't?
Easy answer, capital flows haven't shifted yet (as defined by gold vs spx).
Note, they have broken out for ppi vs spx, which has always led to a subsequent breakout for gold vs spx.
August 1976.August 1976.
How many had given up on gold & silver miners?
How bad do you think sentiment was?
It then reversed on support, moving up 550% in 4 years.
#stagflation
Precious Metals Fund (gold & silver miners)Gold, silver & miners.
Blood everywhere, yet...
#gold #silver #gdx #gdxj #sil #silj #asa
$ASA can rise in the next daysContextual immersion trading strategy idea.
ASA Gold and Precious Metals Limited is a publicly owned investment manager. The firm invests in the public equity markets across the globe.
The demand for shares of the company still looks higher than the supply.
This and other conditions can cause a rise in the share price in the next days.
So I opened a long position from $16,04;
stop-loss — $15,45.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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