What are some silver miners that seem good?

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paul_d

561 Posts.

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20/05/20

22:54

Post #: 44737887
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Originally posted by 1ronnie: ↑

I think the multi-year precious metals bull rally has already started, I wouldn't trade just buy and hold because the money printers are also just getting started.

Three Investments That Are Outperforming Stocks Right Now
As exciting as the stock market action appears to be on a day to day basis, the reality is that stocks have been trading in a range for the better part of a month. The S&P 500 continues to struggle at the 61.8% retracement of its March meltdown.

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While stocks continue to tread water, precious metals have begun exploding higher. Gold has already recouped ALL of its March losses. The precious metal has just broken out of a wedge formation to test overhead resistance at $1,775.

Silver is now playing catch up. The silver to gold ratio has reclaimed its trading channel as silver begins to DRAMATICALLY outperform gold. This trend will likely continue for the coming weeks.

Silver miners are performing even better than silver. The silver miner to silver ratio has broken its downtrend (blue lines) as well as its consolidation phase (red lines). This is EXTREMELY bullish for this sector.

So, to recap, stocks are in a consolidation phase. Meanwhile precious metals are exploding higher. Gold is outperforming stocks, silver is outperforming gold, and silver miners are outperforming silver.

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What are some silver miners that seem good?
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0 Great analysis

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