timing my friend, I expect Silver to one day test 50 and break
it, but I have no time frame on that, that may be a while, GDX and
gold could top soon, and siler may also enter a correction with
them - though Silver doesn't always trade with gold, so it may just
chop around still.
giving the GPGDM at 100%, I don't expect a sustained run higher
without some sort of consolidation - can it go a couple weeks sure.
And yes gold can run for a time against the minors (long term
it does) but short-term to intermediate term the stocks tend to
lead which is why we monitor the GDX/GLD ratio
Also you and most are assuming gold will breakout of the coil to
the upside, it may do so and may not run as far as people think
before forming a divergence. Or it may fake people out and not
breakout to the upside
we of course monitor daily and will make comments and adjust -
project, monitor, and adjust to evidence
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timing my friend, I expect
GDX and BPGDM
Posted by matt on 25th of Aug 2025 at 10:34 am
timing my friend, I expect Silver to one day test 50 and break it, but I have no time frame on that, that may be a while, GDX and gold could top soon, and siler may also enter a correction with them - though Silver doesn't always trade with gold, so it may just chop around still.
giving the GPGDM at 100%, I don't expect a sustained run higher without some sort of consolidation - can it go a couple weeks sure. And yes gold can run for a time against the minors (long term it does) but short-term to intermediate term the stocks tend to lead which is why we monitor the GDX/GLD ratio
Also you and most are assuming gold will breakout of the coil to the upside, it may do so and may not run as far as people think before forming a divergence. Or it may fake people out and not breakout to the upside
we of course monitor daily and will make comments and adjust - project, monitor, and adjust to evidence