Today’s Chart of the Day was shared on in a blog post by Chris Kimble (@KimbleCharting). It’s a monthly candlestick chart of the Silver/Gold ratio going back to the early ’80s. When the ratio is rising, it means Silver is outperforming Gold and vice versa. Technicians use this ratio to gauge the level of risk […]
Chart of the Day – Wednesday, July 24th, 2019
Today’s Chart of the Day was shared on Twitter by Dana Lyons (@JLyonsFundMgmt). It’s a weekly candlestick chart of the iShares Silver ETF, $SLV, breaking out of a long-term downtrend. After taking a beating over much of the past decade, Precious Metals are finally catching a bid. Both Silver and Gold have surged over 11% in […]
The Silver Lining
While much has been made of the recent move in Gold ($GC_F), Gold Miners ($GDX), and the like, what about “little brother” Silver ($SV_F)? While both are moving upwards, many want to see Silver begin to outperform Gold. Further, some are claiming that the dreary days for Precious Metal bulls are finally coming to an […]
“Gold”-ilocks and the Three…Bulls?
The “bugs” are getting giddy. Could an 8-year drought in returns for Precious Metals finally be coming to an end? There is no definitive move yet, but many seem to be quite anxious about the recent moves we have seen in both the metals themselves and their mining counterparts. The most popular chart that we […]
What’s Next for Gold and Silver?
Precious Metals are a fascinating asset class…I have yet to encounter investors who are more emotionally attached to their asset as Gold Bugs besides Bitcoin Bulls. And it is this attachment and emotions that keep us coming back and the market open each week. From October to February Gold rallied 14% working its way towards the […]
