In both the SIL:$spx and SIL:$silver ratio charts, we had a very significant positive cross of the 200 and 400 DMAs back in November 2024.  The 200 DMA has also now positively crossed the 600 DMA.  These ratio charts are hugely significant because they are very likely indicating a major secular asset rotation.

In hindsight it is now pretty clear to me that a new bull market in the silver miners began in February 2024.  That being said, there will be significant corrections, but the difference this time is the silver miners have the wind at their backs (namely the long term MAs).

It’s time to buy every dip in the miners.