Gold news

 [Music] all during the bull market actually since the 2015 low but especially over the last year the staircasing process with three steps up for gold one back or for silver like four steps up and two back uh will end and then we're going into a more accelerated you're watching silver News Daily subscribe for more we argue that the pause which is what we defined that period as not a topping action uh was over and we're going back up again okay so it's March last year go was just above 2,000 again it' been

there three four times before but this time was different silver was 25 to 26 we since se35 and GDX for example the gold mining ETF was 31 and a half it's been up over 40 it's over 40 today uh but during that surge of the last 11 months now uh there have been multitude of pullbacks in Gold where I really I don't want I don't pay too much attention to internet chatter my son does he tells me what's going on with the popular opinion and it seemed like every time gold would do that

that's the thought oh no you know or we're going to have to correct for six months and you know all this stuff and if you go back in the weekend report I I put an arrow in each of those spills the little drops that gold had and there was one of them was 9% and one was over six but most of were about five or so percent the one we just had last week from last week's High to last week's low which is the peak to the low so far was 4.3 and yet people are still said oh that's it 3,000 was it you

know we can't get through there if you look at the price chart even and look at prior highs when gold makes a high even even the prior highs during this last year where it drops you know five six% or so and it takes maybe a month or two to get back up this one had three weeks in a row at the same High I mean within a few dollars of each other you don't top that way if you're going to top that way and it create a correction you create a spike and then you drop okay you don't keep coming back to the same

level and so obviously there was a crowd of folks saying okay 3,000 is a big round number I'm going to sell just short of it and risk a nickel and make a dime okay well the risk of nickel and now so far they ain't made any money okay we think that probably was it it was a a protracted daily decline actually for momentum even though for price it was like a onewe phenomenon but I think that's probably over that last dip false top uh and you get back to the highs again they're G they're going to this

time I think it's going to be different in that the process we've seen all during the bull market actually since the 2015 low but especially over the last year the staircasing process with three steps up for gold one back or for silver like four steps up and two back uh will end and that we're going into a more accelerated phase so that that's what I see happening here and I think it's going to be coincident with the breakage we're already seeing in the stock market it's already commenced with

the S&P some other key markets around the world the Sinex in India is a bubble as well it's broken it's our quarterly structures and the Nick a225 has so we got three major markets around the world which are all would be qualified as big bubbles given the multiples of gains over since 2009 and they're breaking structure the only one we're waiting on is that NASDAQ 100 and it's dancing around the number right now as we speak and I just want to close a week below it and so we'll see last week got below it

in 15 minutes to the close on Friday they Zoom back above our number as if they knew uh so anyway we think the stock market breakage is more fuel for gold not what most people think which is my gosh if stocks go down go goes that is not a good truism at all silver is standing at the edge of a financial supercycle and almost no one sees it coming Michael Oliver one of the sharpest Minds in market analysis is sounding the alarm stocks are on the verge of a meltdown but while Wall Street braces for impact another Market

is gearing up for an explosive move Gold Silver and the entire precious metal sector are entering hyperdrive fueled by forces that most investors are completely SLE overlooking think about this every time we' faced a major financial crisis gold and silver haven't just survived they've thrived but this time the setup is unlike anything we've seen before central banks are hoarding gold at record levels silver demand is surging from both investors and Industry and now with inflation raging debt

soaring and Fiat currencies Under Pressure the writing is on the wall but here's where it gets even more interesting miners the last time silver went on a major Bull Run mining stocks didn't just rise they skyrocketed by 500% or more and right now they're sitting at levels that could set up the biggest gains of all the mainstream media won't talk about this the big institutions don't want you to see it but the smart money is already making its move so what's really driving

this why are gold and silver about to break out in a way we've never seen before and most importantly how can you position yourself before the window closes Stay With Me Because by the end of this you'll know exactly why this moment could Define the next decade of wealth creation and I that's very important so if you're in Gold don't just look at gold look at the stock market look at the bond market now which is saying yep there's some Fair scared money starting to move out of the stock

market uh it's important stuff dollar index for example has been dormant as heck for three years now basically in a uh monthly monthly Peak close to low monthly Peak low close about a 7% range for three years that's like a sleep so major 4X has not been a impact factor in other markets but right now the dollar Index is about 2% above a level that if it drops down to and closes a month that we're going to blow an annual momentum Trend structure that goes back a couple decades meaning our momentum Works ISS

uhoh the floor is coming out and suddenly at that point you're going to have have another major asset category become a wave Creator and it will be a wave creator that hurts many of the foreign investors who've piled into the US Stock Market because when they bought they bought through dollars to buy their stocks suddenly they get hit by one stock market dropping and two the dollar dropping so watch that factor and that will impact gold as well for years the stock market has defied gravity soaring

to all-time highs despite mounting risks beneath the surface but Michael Oliver and a growing number of financial analysts are warning that this ride is about to come to a screeching halt the warning signs are everywhere skyrocketing debt Rising interest rates a bond market in turmoil and a Federal Reserve walking a tight rope between inflation and economic collapse every major bubble in history has ended the same way with investors believing the party will never stop right before everything comes crashing down look at

the debt crisis unfolding right now the US government has pushed its debt past $34 trillion with trillion dollar deficits piling up year after year interest payments alone are devouring federal revenue at a pace never seen before and the only way out print more money but here's the problem every time the FED prints inflation spirals out of control eroding the value of the dollar and pushing investors toward hard assets like gold and silver this isn't speculation it's history repeating

itself in the 1970s during runaway inflation gold shot up over 2,000% and silver followed with a nearly 3700% explosion but today's crisis is even bigger the entire Financial system is built on cheap credit and with interest rates at multi-decade highs cracks are forming real estate is slowing corporate bankruptcies are rising and wall Street's biggest players are quietly rotating out of stocks and into safer assets that's why central banks are loading up on gold why silver demand is hitting record levels and why

smart investors are moving before the crowd catches on the stock market has had an incredible run but gravity always wins and when the collapse begins history tells us exactly where the money will go next but here's the key gold and silver aren't just Hedges against crisis this time they're set to do something even bigger crash in 29 we had a crash coming off the high in ' 87 there was a crash that did not lead to a bear and there's reasons for that the annual momentum uh was not broken it was just

the quarterly in our case we're going to have a nightmare situation is we have both annual and quarterly in in Jeopardy but the point is that it's rare to have a bare Market that begins with a crash most of the bare markets you go back and look at in the stock market like like in the mid 70s to the 74 drop was laid in the bare Market or suddenly had a crash type event and by the way during that time gold was exploding okay 74 gold was going off the page stock market was imploded so don't forget that the dot

High there was no crash NASDAQ 100 dropped 82% over two years but it wasn't a crash meaning a crash is like 30 to 35% in a matter of a couple weeks like that's what happened in 29 it's what happened in 87 and also the co event was a crash type event um but don't expect that this time I see enough reasons to see layered decline in the market oh decent drops but not what you could call a crash uh and in the past you get those kind of events uh it's not going to impact gold it's it's fuel for gold why

because two reasons money in the stock market which we know is enormous um will seek a new place it doesn't all get burned up in the fire okay it it it smart money starts to move it's already begun to move it's pretty evident and where does it go it you go back as far as you want it goes into gold while you have a stock bear market and it goes into T bonds and this time I think t- bonds are already indicating something's going on because they're going up and it's not because fed's

cutting rates because they don't control the long end of the market but t- bonds are rallying while the stock market is uh getting in our our terms actually breaking stuff uh and gold has been rising so money is already flowing there the question is an acceleration in that money flow and that will occur once you knock them in the face once or twice and we think the first drop in the S&P will be about a 20center words if you look at an S&P price chart or NASDAQ 100 I go back to the 2021 or 2022 highs NASDAQ 100 peak

in November 20 one and then had its drop S&P Peak an early 22 and had its drop you go back to those highs that's about 20% off the recent highs and I think the price guys are going to want to buy that old high thinking oh that's support and we've got momentum reasons to assume that there might be temporary support there so what we're arguing is yes even if you break our key numbers which most indices have done except the NASDAQ 100 which is the the leader we think there'll be be a slab of

decline the kind that upsets people no it's not going to terrify it's not going to be a crash I don't think it'll be a layered process like most bare markets are but even a 20% jolt if you're an average Joe out there and you there's one thing that makes you smile over the last year not not consumer prices not uh mortgage you know etc etc not your credit card debt but you're retiring account oh boy it went up 20% last year if all of a sudden you shave about 20% off that thing gold and silver have

always been the ultimate safe havens in times of financial turmoil when markets crumble when inflation eats away at the value of cash and when trust in the system collapses precious metals are where smart money runs for cover but this time it's it's different this time gold and silver aren't just reacting to crisis they're setting up for a breakout unlike anything we've seen before take a look at what's happening behind the scenes central banks around the world aren't just buying gold they're

hoarding it at a record Pace in 20023 alone they purchased more gold than any year on record signaling that the institutions controlling the Global Financial system no longer trust their own currencies meanwhile silver is seeing an unprecedented surge in demand not just from investors but from industries that rely on its unique properties historically when gold moves silver follows but but with even greater force the last time gold hit all-time highs silver didn't just keep up it exploded outpacing Gold's gains by

multiples in the 1970s in 2011 and in every major bull market before that silver has acted like a slingshot lagging behind gold at first only to Surge past it in the final stretch right now we're seeing the same setup unfold again but here's where it gets really interesting the supply side like gold which is mostly recycled and stored in vaults silver gets consumed it's used in electronics solar panels medical devices and electric vehicles making it far more vulnerable to supply shortages and with

silver inventories on comx reaching record highs while physical silver becomes Harder To Source a disconnect is forming one that could send prices soaring this isn't just another gold bll run silver is setting up for something even bigger the question isn't whether silver will move it's how high it will go when the market finally wakes up and the signs are everywhere that the breakout is closer than most people realize if you go back in history you'll find that is a rarity okay uh we in the

weekend report we just issued we we did some studies going back to that 2007 to9 period which is what everybody's got burnt in their memory yes there was a month in that bll Trend in gold which remember had begun from a 20012 2002 low down around $260 so it was already in process upside but in that 2007 period like uh spring to the fall yes gold weekly price was somewhat in sync with the ups and downs of the S&P and then we showed that when the S&P made its final peak in October of 2007

one month after the FED began surprise rate Cuts By the way gold was still somewhat in sync in these little weekly moves and all of a sudden it was a sharp break in the S&P in uh from a November High to the January low of 2008 and at that point when it really counted gold shot up so there was all these seeming linkages that you could see suddenly went sour in a big way when it really counted other was when the big move occurs and yes during 2008 in October full year off the stock market's Peak the stock market

produced what you could call a crash type month 30 plus percent on the downside in a matter of weeks was in October of 2008 a year after its high gold participated in that one month cataclysm and immediately reversed and within a few months was back to his high again while the S&P continued down until 2009 so yes you can find a month during that 10year bull Trend in Gold 10 11e bull Trend where oh there was a month they did the same thing but if you if you believe that and got out of gold you

missed the entire move it went to 1920 well the stock market took until 2013 before the S&P could ever get back up to its 2007 high so you know gold meanwhile had gone off the page during that time period so yeah don't make the mistake of of finding points of linkage that you think are trisms because over time they don't work out silver isn't just a monetary metal it's an industrial Powerhouse unlike gold which sits in vaults and Central Bank Reserves silver is actively consumed in the real economy and demand

is accelerating at an unprecedented rate the world is going green and silver is the Irreplaceable metal fueling this transformation the numbers don't lie industrial consumption of silver is at record highs and the market isn't prepared for what's coming next look at the solar industry silver is a critical component in photovoltaic cells and with governments around the world pouring billions into renewable energy demand is surging the International Energy agency projects that solar panel production

will Skyrocket over the next decade with silver consumption in the industry expected to rise by more than 50% and here's the kicker unlike other metals Sil silver has no viable substitute in high efficiency solar panels meaning the demand floor keeps Rising while Supply remains tight but it doesn't stop there the electric vehicle EV Revolution is another major driver every EV on the road contains up to 50 g of silver used in batteries charging stations and electrical connections with automakers

shifting toward full electrification and government's pushing aggressive Net Zero targets silver demand from the EV sector alone is set to explode add in 5G technology medical applications and Aerospace advancements and the picture becomes clear silver is not just a safe haven asset it's a necessity for the modern world here's where it gets interesting the supply side unlike gold silver isn't just hoarded it's used up once it's embedded in solar panels circuit boards or medical devices much

of it is never recovered and with mining output struggling to keep Pace a structural deficit is forming the silver market has already been running Supply deficits for four consecutive years meaning more silver is being consumed than produced this sets up a perfect storm when investment demand collides with industrial necessity silver prices don't just rise they go vertical and right now the gap between growing demand and limited Supply is wider than ever before the question isn't whether silver will

surge it's how soon the market will wake up to the reality of this Supply fly crunch yeah I've got some friends who are fundamental analysts uh names you know um who speculated they could go based on certain metrics they look at non technical go up in the 20,000 I I don't know we're not projecting a given Target we're just saying there will be an acceleration phase it certainly was um you know in the mov 1975 High then the move up to 1980 there were phases in the last year of the move were suddenly

it it changed it was no longer normal action it was abnormally upside and we haven't had that uh we've gone to 3,000 in layered cautious staircasing process and I think that's about to end because factors will shift and the main one again is the is the the stock market and we know that the other Factor aside from money flowing out of that market will be Central Bank response we know that the fed the EC the boj and any other central banks will panic and once they Panic we know silver Supply crisis isn't just a

future problem it's already here while demand from industry and investors surges silver production is struggling to keep up and the reason is simple mining Silver isn't as easy as it used to be unlike gold which is often mined as a primary resource silver is mostly extracted as a byproduct of other metals like copper that means silver production is tied to the profitability of these other Industries making it vulnerable to supply chain disruptions declining or grades and shifts in global mining

economics right now silver miners are facing major hurdles many of the world's largest silver producing countries Mexico Peru and China are seeing declining output due to environmental regulations lower Discovery rates and operational challenges in 2024 Global silver mining production barely increased while demand continued climbing meanwhile comx inventories have reached record highs on paper but here's the catch most of that silver isn't actually available for delivery much of it is spoken for by industrial users or

held in long-term reserves ERS meaning the real physical Supply is far tighter than the suggest but the real game Cher recycling can't close the gap unlike gold which is easily reclaimed from jewelry and electronics silver is used in such small amounts across so many industries that much of it is never recovered solar panels medical devices and electronics consume vast amounts of silver and once that silver is used it's gone this creates a long-term structural deficit more silver is being consumed than is

being produced and the Gap is widening every year and here's the most explosive part when silver Supply tightens prices move fast we've seen it before in the late 1970s a supply crunch helped send silver from $6 to nearly 50 in just a few years in 2011 a similar squeeze drove prices up 400% now with global silver deficits persisting and demand reaching new highs we're setting up for another historic move the market is still asleep but when silver breaks out it won't just climb it

will Skyrocket I think it probably has topped the question is to get a sufficient break to where we we're confident and I'm telling you the NASDAQ 100 is trading above and below our key number last week and even uh you know if if you close much down this week versus last you're going to break our number in which case we think the process is really underway because again NASDAQ 100 is the leader while the S&P went up ninefold from its 2009 low to recent highs NASDAQ 100 went up 18 fold and

just like the process when it broke it was the leader then internet stocks uh S&P dropped 50% 2002 but NASDAQ dropped 82% so nzq 100 will be the leader on the downside as well but it hasn't broken our structure yet but we think when it does and you start to feel the jolt and the the what's going on comments uh that's when you'll see more of that money flow into gold and that's when I think it will be you say I call it the wet bar of soap time everybody grabbing for it now a lot of people I think that

would be soon too po you a lot of people are obviously eyeing the 3,000 uh level do you think that is significant and and could that maybe be the trigger for all of this we pointed out in August of last year a couple months after our breakout in March that likely there would be price chart type selling around 3,000 well one because it's a round number and we know idiots love round numbers so they like to play round numbers okay like $200 goal back in 1975 you know happened to be a round number

now the 1980 Peak wasn't a round number but anyway they think 3,000 you know it's a nice big round number and so you had three weeks of selling at that same level just below you know half perc below 3,000 and we said there there might be some resistance there and I think it will be the type of resistance we' just seen which is to say hoam resistance just pause and when you go through that people say well where's it going and all these big brokerage firms that analyze gold that we see reports from you know

they have a Target oh about 3,000 then suddenly they change oh 3100 but 3,300 30 you know and they keep raising it uh but it's sort of silly uh they don't realize that even if you just look in the past over the last 50 years when gold was legalized in the US there have been two moves that were at least Eightfold and there were different time durations one took three and a half years 1976 low to 1980 and uh one took 11 years from 2000 to 2011 but they're eight-fold moves well if we had an

eight-fold move we'd be $8,000 gold and we're not projecting that as a Target we're just pointing out the fact that gold has done this before it's no big deal to do it again especially given the fundamental factors that are in play and and becoming more in play now in in in the world and in markets and so forth uh especially when bubbles break because then money does flow elsewhere there is a secret signal that has predicted every major Silver bll Run in history the gold to Silver ratio this simple metric

measures how many ounces of silver it takes to buy 1 o of gold and right now it's flashing one of the biggest buying signals we've ever seen historically when this ratio reaches extreme levels silver doesn't just rise it explodes let's look at the numbers over the past Century the gold to Silver ratio has averaged around 50 to one meaning it typically takes 50 ounces of silver to buy 1 oun of gold but during times of crisis and major Financial shifts that ratio has collapsed sending

silver on parabolic runs in 1980 as inflation spiraled out of control the ratio plunged from 40 to1 to just 16 to1 triggering Silver's legendary surge to nearly $50 an ounce in 2011 as the financial system struggled to recover from the Great Recession the ratio fell from 80 to1 to 30 to1 fueling another silver breakout to $49 and today the ratio has been hovering at extreme levels well above 80 to1 at its peak in 2020 it even surpassed 120 to1 marking the most undervalued silver had ever been relative to Gold this tells us one

thing silver is overdue for a massive revaluation because every time this ratio has corrected silver has delivered explosive returns outpacing Gold by multiples but here's why this time could be even bigger unlike past Cycles where silver price movement was primarily driven by monetary and investment demand we now have a perfect storm brewing industrial demand is soaring Supply is tightening and the market is asleep at the wheel the gold to Silver ratio isn't just a historical anomaly it's a

flashing signal that silver is about to play catchup in a way that will leave most investors stunned the window of opportunity is still open but it won't stay that way for long because when silver finally moves it won't just rise gradually it will break out with a speed and intensity that catches the entire Market off guard and history tells us exactly what comes next that's a a point of commentary among l a lot of analysts and I don't disagree that there you know it probably indicates something about uh

Futures Contract deliveries and so forth and so on uh but we we sense and and know from what we've read that especially us investor interest in the gold miners has never been so low in history okay and their Capital commitment and their leverage in the US Stock Market has never been so high okay so they're highly vulnerable to breakage in their stock positions because not only are they long but they're like triple long they're using a lot of Leverage more so than ever before and therefore there's

vulnerability there and when you look at the gold miners both in NE when we measure Lex the x or GDX versus gold or X GDX versus the S&P we see the same situation they're very low they've not been going lower in relative terms despite the public sense that they have they've not they've really held the ground in fact X index from December 2015 to the present is actually up more than S&P is from its 2015 low price December 2015 uh so nobody nobody believes that but it's a fact uh we think that could

shift and when it does because of the nature of the time nature of the gold mining sector uh it it would be a panic situation it'll just change the nature of the behavior of the gold miners in terms of volatility upside and so forth which will shock a lot of gold investors because who are in the miners who are more or less bored to death by them or scared to death by them every time they dip uh but I think that's the reality that's about to Dawn and I think just watch the mama Market gold if the gold

goes up goes through 3,000 and takes out that high and it's telling you this is another BS selloff you know we've had like six or seven of them in the last year and they don't amount to anything and 3,000 bucks is an idiot level okay uh and we're going to accelerate and I think for silver I'm using May contract now which is a 3240 area you get much above 33 again I think silver is going to start to accelerate and if you look at the gold miners just the simple monthly price chart a lot momentum just go back to the

2015 low and look at XU and look at GDX over the last three years they keep coming up to the same general level where just a flat ceiling X for example is trading either side of60 if you go back three years you'll find that there's like five or six monthly closes that are a couple percent either side of 160 that is not a top folks you do not top a market that way when you top a market you generally peek it drop and you can't get back to the high you keep coming back to the high indicates no that's a launch pad and I

think that's about what's going to happen here for years silver prices have been artificially suppressed by the same institutions that stand to lose the most when it finally breaks out the big Banks hedge funds and institutional Traders have been shorting silver heavily keeping prices lower than where they should be but here's the problem when you suppress something long enough the pressure builds and when it finally snaps the move is violent that's exactly what's setting up

in the silver market right now let's break this down the silver Futures Market is built on leveraged contract contracts paper silver that far exceeds the amount of actual physical silver available big players like JP Morgan and other major banks have been using these contracts to keep silver prices contained making massive profits by betting against Rising prices but the cracks are forming in recent years retail investors have been waking up to the silver manipulation game the silver squeeze movement in 2021 was just the

beginning when thousands of investors tried to buy up physical silver to force a price spike it worked briefly but the real squeeze hasn't even started yet because this time the pressure isn't just coming from retail investors it's coming from central banks industrial buyers and Sovereign wealth funds big players who need real physical silver not just paper contracts and here's where it gets explosive if too many investors demand physical silver at once the paper silver market could collapse triggering a

massive short squeeze the banks that have been betting against silver would be forced to buyback their positions at any price fueling a surge unlike anything we've seen before this is exactly what happened in the past in 1980 when the Hunt Brothers attempted to Corner the silver market prices spiked from under $10 to nearly 50 in just months in 2011 silver shot up to $49 again as demand overwhelmed Supply but this time the setup is even more Extreme Silver is already in a supply deficit industrial demand is skyrocketing and

the gold to Silver ratio is at historically high levels the moment the market realizes how tight the physical silver Supply really is we could see a buying frenzy that forces silver to repic overnight the big institutions don't want this to happen they've kept silver under wraps for decades but the cracks are widening and when the short squeeze finally comes it won't be a slow climb it will be a vertical explosion the question is who will be positioned before it happens who ndaq 100 again because it's

our leader and there's certain sectors out there that seem to be defying the drop we're seeing in the tech leadership you know the Magnificent s are dropping now whereas financials for example are making new highs XLF ETF we think that is a a a a trap we think it's a exhaustion spike in the financials that will fail but also I think it's probably driven by a false assumption and that is oh good long rates are starting to drop well the reason for the long rates starting to drop is probably not good

for the stock market it's indicating an asset flow into a quote alternative sector which has historically go back especially the last couple bull market Peaks and bare markets have risen while the stock market went down because investors and asset managers move there as a place of safety and I think that's what's helping cause the t-bond market to Rally of late is the beginning breakage that we're seeing in the stock market so it's really not a positive thing um and plus in the past whenever

rates start to drop it's too late the bubbles already broken every time near 2000 2002 2007 to 2009 rates collapsed fed cut rates like crazy uh did it didn't help if silver prices explode the biggest winners won't just be those holding physical silver history shows that silver mining stocks have the potential to deliver life-changing gains when silver runs miners don't just follow the trend they amplify it often skyrocketing by 500% or more and right now many of these stocks are sitting at ridiculously low

valuations creating an opportunity that few investors are paying attention to let's look at the past in the 1970s silver bull run while silver soared from under $2 to nearly $50 top silver mining stocks delivered gains of 1,000% or more then in 2011 as silver spiked to $49 miners followed with explosive moves companies like first Majestic silver paname silver and Wheaten precious metals saw massive surges with some rising 400% to 600% in just a few years why does this happen because mining stocks act as leveraged bets on the

underlying metal when silver prices rise the profit margins for miners expand exponentially a mine that was barely profitable at 20 T silver can become a cash printing machine at $5 silver and when silver demands skyrockets companies that own Rich silver deposits suddenly become some of the hottest Investments on the market right now many silver miners are severely undervalued years of low silver prices have forced companies to cut costs delay projects and underinvested but with Silver's breakout

on the horizon these companies are poised for an explosive reversal we're already seeing signs investors are beginning to rotate into mining stocks and as silver prices push higher these stocks could move at multiples of Silver's gain but here's the catch when silver miners start to take off they move fast during past bull markets many mining stocks went from overlooked to overbought in a matter of months that means the biggest gains will go to those who position themselves before the breakout the

institutions and hedge funds aren't waiting they're already increasing their Stakes the question is will you be ahead of the curve or will you be chasing after the move once it's already begun because once silver rips higher the biggest fortunes won't be made in the metal itself but in the companies pulling it out of the ground it if you look at it carefully it will swing better than gold and then swing worse than gold it's more volatile so there's some up moves for instance when gold was

capped at 2400 for several months silver wasn't it went from like 31 32 up to 35 and gold didn't go through the 2400 Zone and yet silver did so it exceeded gold then and then in pullbacks invariably will underperform gold we're watching the spread relation between silver and gold and the miners and gold and technically we're watching it and we see on the spread charts Trend structures such that if you get in the next few days or weeks even modest outperformance by the miners to gold and outperformance

by silver to gold that you're going to break those spreads out of a process of Correction that's been going on on in those spreads since mid 2020 to 2021 highs when silver outperformed gold and the miners outperformed gold since then they have corrected on a performance basis and they've got breakout levels not far above and where at levels you won't notice just looking at their price charts this is a spread relation not a don't look at their price charts uh that indicate upside

resumption and this is what happened for example in silver in the 79 to 1980 move the last year that bull market and also in the 2010 to 2011 surge which is the last year or so of that bull market silver vastly outperformed gold it it's like exploded uh we think that the miners in particular have demonstrated over the last 10 years since the 2015 bare low if you look at their spread chart versus gold they're actually at a higher level than they were then now it's still at a very low

range historically of the minors versus gold compared to where they were for example back in prior to 2009 they were much higher relative levels but it's a base and they've not gone back to the low of that base now what does that mean it means they've demonstrated over the last 10 years we're not going to underperform Gold anymore and sure enough that spread relation you take the current reading of the the spread it's higher than it was at the 2015 bare low so they underperformance to Gold ined then and

since then yes they've gone range Bound in performance to Gold up and while most investors remain fixated on stocks and crypto the smart money is making a different move into gold and silver the biggest players in the market aren't waiting for the headlines to tell them where to go they're already positioning themselves for what's coming and if history is any guide those who follow their lead before the masses catch on stand to reap the biggest rewards look at what central banks are

doing in 2023 and 2024 they purchased record amounts of gold signaling that the institutions running the Global Financial system no longer trust their own currencies China Russia and India are leading the charge aggressively accumulating gold reserves while simultaneously reducing their exposure to the US dollar this isn't speculation it's a deliberate move to hedge against a looming financial crisis and then silver while central banks don't traditionally hoard silver like they do gold the industrial sector is absorbing

silver at a record Pace meanwhile billionaires and hedge funds are quietly increasing their silver Holdings the world's richest investors understand one thing when Fiat currencies weaken when debt spirals out of control and when inflation erodes purchasing power precious metals are the only assets that truly retain value the crypto Market is already flashing warning signs after years of dominance Bitcoin has stumbled dropping 27% from its all-time high while investors pull billions out of Bitcoin ETFs meanwhile gold and

silver ETFs have seen massive inflows a clear indication that institutional investors are reallocating their wealth it's a pattern we've seen before in 2008 when the financial system was on the brink of collapse those who rotated into gold and silver early saw historic gains in 2011 when silver hit $49 those who had positioned themselves beforehand made fortunes now all the signs are pointing to an even bigger move ahead and the biggest players are already making their move the question

is will you act before the crowd catches on because once the financial system fully cracks once inflation spirals beyond control and once gold and silver become the only safe havens left the opportunities we see today will be long gone down but what you call a par performance but they're actually higher net price-wise measuring from the 2015 low to their current price than gold is relative for instance X index as of last week's close was um three times its low of 2015 whereas gold is 2.7 times its low in

2015 so actually X index which is still at very low levels in relation to gold is been outperforming gold minor amount but outperforming nobody would believe that they think oh it's underperforming uh the question is if you could break it out of this basing pattern on the spread we think gold miners could triple their current relative performance to Gold over the next year or so words if we enter an acceleration phase in the net price of the monetary Metals we think we're also going to see

silver out Pace gold you get up to more or less normal levels like 2% of gold whereas right now it's 1.12% of gold which means a doubling in its value to gold and the the gold miners let give you an example gold mining X versus gold is like about five and a half% of the price of gold you go back to the 1980s through 2006 2008 it's low spread rating was 175% it had been in a range between 17.5% and 35% of the price of gold and it collapsed in 2015 to 4% of the price to goal that site free

okay I mean it's not going to zero okay and S it's now five and a half percent so it's higher than it was then but if you take it from its current level and run up to the bottom side of that multi-decade relative performance and bump the floor the old floor it's a tripling in the current value of the miners relative to gold and we think that is very realistic what does that mean it means the money flow out of the stock market doesn't rush into silver futures or gold Futures it goes into

miners miners are cheap that's a virtue they've proven they're not going down anymore and on a relative basis they've got a lot of dynamic potential on the upside and I think the money from stock market Longs will move into gold mining long positions this isn't just another Market cycle it's a fundamental shift in the financial system the warning signs are everywhere the stock market is walking on thin ice debt is spiraling Fiat currencies are losing credibility and the institutions that once propped

up the system are now quietly preparing for its next phase gold and silver aren't just Hedges against uncertainty anymore they're becoming the foundation of the next era of wealth and the smart money knows it central banks are hoarding gold billionaires are accumulating silver institutional investors are rotating out of stocks and crypto into hard assets meanwhile industrial demand for silver is surging Supply deficits are widening and Mining stocks are still sitting at historically low

valuations all of this is setting up for one of the biggest wealth transfers in history the last time silver made a parabolic move it went from under $10 to nearly 50 but this time the setup is even more extreme the gold to Silver ratio is screaming that silver is undervalued the short positions in silver are stretched to a Breaking Point and when the squeeze finally comes prices won't just rise they'll launch this is the moment where decisions matter when silver breaks out it will move fast and those who wait for

the headlines will already be too late the institutions aren't waiting the billionaires aren't waiting the central banks aren't way waiting the question is will you if you found this discussion valuable be sure to subscribe to stay ahead of the curve and remember this is not Financial advice always do your own research and speak with a professional before making any investment decisions