Loading ...Yes, it’s lack of liquidity season … for sure.
And the yield curve(s) is threatening to breakout right here – right now.
Thing is, even though large cap producers have moved higher this year and are a little overbought, they remain at historically low valuation levels. Just listen to this excellent analysis from Adian Day on the subject. Well worth the time. The basic message is buy every dip – especially once we get past ‘lack of liquidity season’.
🔴 A MASSIVE Prediction For GOLD & SILVER Buyers | Adrian Day (youtube.com)
As well, and in his usual fashion, and as posted earlier, Steve St. Angelo has been kind enough to share his recent analysis on the aggregate silver cost structure at present, putting a cost basis floor under $26 in spades. Meaning any dips below this level should be bought up very quickly.
Surging Silver Mining Cost Now Impacting Market Price | ZeroHedge
When I look at the wave structure in silver, the correction that started in May might need to subdivide further, but odds favor the bottom is already in at $26 – corresponding to this analysis.
Act accordingly folks.
Cheers