We just had a huge breakout for mining stocks, but look at who is leading the way.
Huge Breakout For Mining Stocks
April 7 (King World News) – Graddhy out of Sweden: That pink bull flag has now broken out, as expected. Miners starting to outperform the metal is what we need to see at a major low. (See chart below).
MINING STOCKS vs GOLD:
This Chart (From March 19) Has Now
Broken Out Above Pink Line
Mining Stocks Will Now Dramatically Outperform Gold
We Will Slay The Gold Dragon
Precious metals (pm) will be and is a tough bull market, and I do not think it will get any easier, since a bet on pm miners is a bet against current FIAT-based monetary system for the whole planet. A trade like that is likely not to be an easy one. But, we will slay that dragon…
Billionaire and mining legend Ross Beaty, Chairman of Pan American Silver, just spoke about what he expects to see in the gold and silver markets and also shared one of his top stock picks in the mining sector CLICK HERE OR ON THE IMAGE BELOW TO HEAR BEATY’S INTERVIEW.
Newmont Leading The Way
PM TOP DOG LEADER NEM is important as it shows direction. Today it gapped above the resistance line for my blue triangle. (See chart below).
Newmont Leading The Mining Sector Breakout!
Silver Miners Will Lead The Way
As said since March low, silver miners is still the place to be. That will change down the road but for now silver miners (juniors) will outperform. Pink arrow is not touched since this chart was first posted around March 2020 low. (See chart below).
Silver Miners Are The Place To Be
ALSO JUST RELEASED: The Gold & Silver Bull Markets, Plus More Inflation CLICK HERE.
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