Christopher Aaron, Founder of iGold Advisor, Elite Private Placements, and Senior Editor at the Gold Eagle website, joins me to review his medium to longer-term technical outlook on gold, GDX, silver, SIL, and the junior mining stocks by way of the TSX Venture exchange.
This is a longer-format video where we really dive into the technical analysis setups in the precious metals sector, and he lays out the historical case and patterns to why we haven’t seen the really big moves yet. The setups are in place for potential life-changing gains over the next 1-2 years in the junior gold and silver stocks.
Christopher lays out the technical case for why sector sentiment has been lagging for years, compared to prior cycles, and refreshingly, it has nothing to do with margins, dilution, or competing moves higher in the US equities. He points to a number of recent breakouts or emerging breakouts on many charts that will start to attract more investor momentum over the next 12-18 months. Therefore, he points out that this is not time to ring the register on PM trades and that as the metals and equities work through their near-term resistance levels, that we’ll see much higher prices that will surprise even the PM bulls.
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Click here to follow Christopher’s writing over at the Gold Eagle website