How special is this rally in silver miners?
I think we are about to find out. My 3 biggest positions are and have been AG, EXK and AXU. I do believe these are a great representation of strength/weakness in the sector.
If price manages to get and stay above the upper 200 day Bollinger band (200,2), I think it’s likely we are going to see a massive move in this sector, similar to 2010-11. EXK has already managed to accomplish this. Notice also how EXK’s 50 day upper BB is about to cross above the 200 day upper BB. If the other two can follow EXK’s lead in this respect, I think we are going to be well on our way to something very special.
Goosebumps
I’m ready for something special Naut
🙂
XBM up 4 % today.