Loading ...… both the silver and gold shares have closed above their most recent peak. Could this be a sign of the resumption of the bull market in the precious metals complex?
Having started my Wall Street career in the year 1956 this truly Old Timer says, “Yes indeed.” There is nothing new about the precious metal shares moving up before the precious metals. All that is required to know that this is happening is the simplest form of technical analysis. No fundamentals, nothing fancy, no degrees of any kind required in order to see who’s leading who or what’s breaking out first. Just draw a few lines and “Voila” the answer will be yours.
XAU WEEKLY
https://www.deltasociety.com/content/ron-rosen-precious-metals-timing-letter