All electrical companies try to get rid of silver, because of the higher costs compared to copper. Silver will be only used in special applications, where no other alternative exists today. But a lot of companies working hard to substitute silver in electronics. Example: silver sinter paste โ> copper sinter paste.
Most investors only look at the chart of $ELY.v and see a sleeping stock. But if you also look at the relative performance, you see a robust outperformer against the broader market in the making. A huge move is coming in the next few weeks / months and most will miss it.
We took 5x at $TMAS.ca, then rotated into $PEGA.v and so far got +30% vs $TMAS.ca (+ while many other mining stocks are consolidating). And $PEGA.v will go much higher. See below ๐
By the way, $ELY.v is already getting ready for further outperformance. This year will be very successful.
$PEGA.v could 4x vs $URNJ and still just be back at the same relative level it was a bit over 2 years ago... Thatโs how brutal the underperformanceโs been, and how much torque there might be on a breakout. Why I own ~1% of the company..
Gold miners have outperformed silver miners for years.
But now:
-> $SIL will be leading vs $GDX
-> $SILJ (silver juniors) are leading SIL (I have posted about this)
Silver is finally taking the lead.
And hereโs the kicker:
Potash ($NTR) is bouncing off long-term support vs SIL.
The real asymmetry?
Potash > Silver Majors
My top picks:
๐ฏ $MLP.v
๐ฏ $KCLI.c / $APCOF (2P3)
#Commodities #Silver #Potash #SILJ #AgriTrade
Gold miners have outperformed silver miners for years.
But now:
-> $SIL will be leading vs $GDX
-> $SILJ (silver juniors) are leading SIL (I have posted about this)
Silver is finally taking the lead.
And hereโs the kicker:
Potash ($NTR) is bouncing off long-term support vs SIL.
The real asymmetry?
Potash > Silver Majors
My top picks:
๐ฏ $MLP.v
๐ฏ $KCLI.c / $APCOF (2P3)
#Commodities #Silver #Potash #SILJ #AgriTrade
There is a reason why silver juniors like $DEF.v and $EQTY.v disappoint the last weeks. Rotation into other sectors has already startet. โ๏ธ Follow smart money