I believe silver and miners are next, what’s not to like? We can all say what we want about it being event driven or not, but I have come to believe markets usually just need catalysts (trade war, Coronavirus, etc.) to act in the way they were going to any way, even if suppressed.

I would be shocked if money managers don’t take a second look at gold, silver, and miners for the remainder of this year and early next. Miners have been outperforming the S&P 500 since 2016. If they get through the remainder of overhead resistance, that will be supersized.

Interestingly, I still read many bears not believing this move, believing it has come to an end and have decided to stay out of this market.