we're primarily talking silver as a value driver here - at least...

we're primarily talking silver as a value driver here - at least to now. (Lead stock valuations are currently abysmal - and lead remains technically in a 12+ year bear market - though is close to breaking out). the gold/copper domain may play a role - but I havent seen that yet.


if you take silver - you have to look at gold first as gold sets silver's monetary price demand

USD gold chart - note the ~10yr price support arc in olive. Critical to understand that price usually leaves arcs the same way it entered

And USD gold entered this arc by going $1580 to $1900 in 5 weeks.





So now silver - the option on gold

no surprise - silver has also formed a price support arc. as you can see the olive arc again was entered violently and so would be expected to leave violently

the key is for USD silver to break and hold above $28. That would be the big announcement that a structural bull market in silver has recommenced






Hence my view is its a good time to be absorbing those weak hand sells because risk/reward setup is a very nice skew atm

Not just RDM but this should be true of all gold/silver exposures barring ones with stock specific issues

But imo RDM is MOAR if we get a really big PM bull because of all the things said in my earlier posts