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Otavio Costa

Posted by ipso facto @ 9:43 on November 26, 2024  

What a setup for silver miners, in my view.

We’ve seen a significant selloff in these stocks since the elections, which I believe is completely unwarranted given the ongoing secular rise in underlying metal prices.

The $SIL ETF is currently retesting a 13-year resistance line that has now turned into support.

Meanwhile, the resilience of silver prices suggests they may be leading the way.

There is a big catch-up for these stocks ahead, in my opinion.

Chart

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.