The ratios signaling the PM bull is back on are close to breaking out.
That’s why some shares – primarily the larger shares – have been performing well.
If history is a good guide, what will happen over the next several months is stocks will get hit into fall, dragging all commodities including PMs down with them to some extent.
But when we come out on the other side, in November most likely, the monetary metals should lead, breaking key intermarket/sector ratios out in favor of the larger commodity complex.
All PM subgroups should catch a bid (developers, explorers, etc.) at this time because the feds will need to turn the screws in monetary debasement rates profoundly once again.
Silver should really light up under such circumstances.
We are only a few months away from this time now.
Cheers