The trading today was very encouraging in gold, silver and the mining stocks.
Very Encouraging
March 23 (King World News) – Otavio Costa: Very encouraging move in precious metals off the lows.
Silver and copper are leading, with juniors outperforming seniors and explorers showing strong upside today.
That said — the day and week are far from over.
After leaning optimistic recently, some caution is warranted here.
Bottoms are a process. Always.
My approach remains the same, keep dry powder and continue scaling into weakness.
A retest here would be entirely normal, in my view.
I’ll continue to add selectively to high-quality names while maintaining flexibility.
The Big Shift
Graddhy out of Sweden: I have been stating for many years that capital is now rotating into commodities.
Also been sharing e.g. these historical big ratio chart turns, plus their breakouts, in real-time.
The commodities bull is end of rainbow stuff.
And, down the road, commodities will be the only game in town.
Here’s What I’m Doing With My Own Money Right Now
To listen to Tavi Costa discuss where we go from here as well as what he is doing with his own money right now by CLICKING HERE OR ON THE IMAGE BELOW.
Gold & Silver Takedown!
To listen to Alasdair Macleod discuss the massive takedown in the gold and silver markets this week as well as what to expect next CLICK HERE OR ON THE IMAGE BELOW.
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