100 year ratio cycle in mines div. gold. Miners will outperform gold next 50 odd years as gold re-enters monetary system. ABC correction lasting 52 years into 2020 compressed miners:gold. Impulsive wave up started 2020, ends around perhaps 2068 as gold now intern. reserves again.
As @NorthstarCharts on a bit of a crusade against PM miners π- here is a bit he missed: Ratio of $GDX/ $USO is a *perfect* turning circle, with maybe 12 touches or something like that on 2r*PI. (not user defined arc). And it is fairly close to reversal up in favor or PM miners.
Sector leaders: $NEM ttm cash flow yield 6.68%.- $XOM ttm cash flow yield 3.57%. Our proprietary growth yield $NEM: 68.14%. $XOM: 11.25%. Which means that per sector leader indicators gold miners are twice as good an investment as energy, up to nearly 600% better. $XLE exhausted.
Per debate w/ @NorthstarCharts Here is my gold forecast dated October 22, 2025. Cyan line is *projection*, not price. I forecasted gold rising sharply, then ABC down into July, move up into August, down into October around 4000 level. Approximately what happened, less the noise
It's subtle, but it's there.
#silver has a positive divergence developing on the RSI. The price is setting a marginally lower low, while the RSI is not. This doesn't mean it can't fall any further, but it does mean that the sellers are becoming exhausted. Unless something fundamental changes, the price is about to bottom.
π₯Silver Flows Back Into India as Import Curbs Ease Before Diwali
π¨INDIA EASES IMPORT RESTRICTIONS ON SILVER AS GLOBAL SILVER SUPPLIES TIGHTEN
"Indiaβs silver imports are set to rebound in time for the busiest jewelry-buying season after the government issued a raft of new permits, easing restrictions that had stifled shipments to one of the worldβs biggest markets.
Traders and bank dealers this week received quotas covering as much as 6,000 tons of silver, according to four people familiar with the matter. The permits are valid for six months, said the people, who asked not to be named because theyβre not allowed to speak publicly."
https://t.co/mqGDsFSxJ5
@leadlagreport Anti-smart. It would cost $450,000 an ounce to produce, and be radioactive for at least 15+ years. And nobody is stupid enough to try that, never mind build the power plants, since it can be extracted from the ground at a production cost of between $800 and $1700.
$GDX bottomed in July. We have an inv. head and shoulders pattern, and are working on the the right shoulder which could be nearing completion. Bullish! #gold