Please? Pretty please?

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As a precious metals fan, I am delighted to see gold have another good night, with /GC up almost $40 as of this composition, pushing to record highs at a very steady pace all through the night.

I have shared the XME/GDX chart dozens of times. The basic idea is that, long-term, we peaked on this ratio chart and short XME/long GDX would be the way to go. It’s a slow mover, but so far, so good.

Equities down and Silver up. That’s precisely what I want to see! Looking at the one-hour bar chart of silver, we can see that it had an important fake-out late in October, which was pretty disappointing in its aftermath, and we’re going to have another go at conquering that horizontal line.

Here are a couple of precious metals miners I’ve mentioned in the past which look better than ever.
