Silver Goes Parabolic – Copper Hits New High – Bitcoin Consolidates within Downtrend

Metal mania dominated 2025 with precious and industrial metals leading the markets higher. Strength continued the first three days of the year, but metals ETFs fell sharply on Wednesday. All remain in strong uptrends, but their advances are getting out of hand, especially in silver. Keep in mind that

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Gold/Silver Surge from Oversold Levels – Bond/Uranium ETFs Set Up – Bitcoin Lags with Downtrend

Precious metals continue to lead the pack with the Silver ETF (SLV) sporting the biggest gain over the last three months (+40%). Industrial metals are also outperforming stocks with the Copper ETF (CPER) and DB Base Metals ETF (DBB) up over 10%. QQQ is up a measly 7%. Even bonds are up with TLT gaining 3.65% and

Gold/Silver Surge from Oversold Levels – Bond/Uranium ETFs Set Up – Bitcoin Lags with Downtrend Read More »

Gold, Silver and Bond ETFs Set Up – Meme ETF, Bitcoin and QQQ Correlation  

There are some interesting developments in the alternative ETF universe. Gold, silver and their respective miners corrected within leading uptrends. This means they are setting up bullish. Bonds got clobbered the last six days, but TLT is also setting up bullish as it tests the prior breakout. The Bitcoin ETF hit a six month low to become

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Gold Oversold – Base Metals Lead – Uranium Breakout – Bonds Fall, but Still in Uptrend

Gold, silver and their respective miners show the same chart characteristics: long-term uptrends, explosive moves from late August to mid October, sharp corrections the last eight days and short-term oversold conditions. We will start with the Gold SPDR (GLD) chart because gold is

Gold Oversold – Base Metals Lead – Uranium Breakout – Bonds Fall, but Still in Uptrend Read More »

Bond ETF Hits New High – Gold Hit – GDX Triggers Stop – Moment of truth for Bitcoin

Today’s report starts with bonds because these safe haven assets are trending higher. Bonds have yet to start outperforming stocks, but traders should watch this relationship for clues on the risk appetite for stocks. Precious metals were rocked this week as gold, silver and their respective

Bond ETF Hits New High – Gold Hit – GDX Triggers Stop – Moment of truth for Bitcoin Read More »

Gold/Silver Miners Extend Again – URA Ignores Physical Uranium – IBIT Holds Breakout Zone

Metals have been leading the financial markets with massive moves the eleven weeks. SPY (+4%), QQQ (+6.6%) and IWM (+14.10%) sport nice gains since August 1st. These gains, however, are dwarfed by Silver Miners SIL (+65%), Gold Miners GDX (+57.77%), Uranium URA +47.64%) and Silver SLV (+45%). The Gold SPDR (GLD) is in the middle

Gold/Silver Miners Extend Again – URA Ignores Physical Uranium – IBIT Holds Breakout Zone Read More »

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