Gold miners just hit their highest level against gold since 2013.
Third time at this ceiling. 2016. 2020. Now.
Here's why it could break this time.
An ounce of gold sells for about $4,100.
It costs a typical major roughly $1,600 to dig it out, all-in.
The miner keeps $2,500.
Now gold rises 22% to $5,000.
Costs stay at $1,600.
The miner keeps $3,400.
Gold up 22%. Profit per ounce up 36%.
That's operating leverage.
And many analysts still model gold around $4,000 flat. Every dollar above that is profit nobody has in their spreadsheet yet.
The honest part: leverage works both ways. Gold at $3,500 cuts that same margin by 24%. And costs are rising. Newmont expects unit costs to climb again in 2027.
Gold owners own the ounce. Miner owners own the margin.
🚨ARE WE LOOKING AT A ONCE-IN-A-LIFETIME OPPORTUNITY IN SILVER MINING STOCKS?
There are moments in financial markets when several technical pieces begin to fall into place. And when that happens, it's worth paying very close attention.
I believe we may be approaching one of those moments.
1. THE GOLD/SILVER RATIO: A CRITICAL JUNCTURE
The Gold/Silver ratio currently stands near 78, following a significant backtest of a former support trendline that has now turned into resistance.
The technical structure suggests that this rebound may be corrective within a much larger downward move.
And what would another decline in the ratio mean?
Silver outperforming gold.
Potentially by a substantial margin.
2. THE XAU/SILVER RATIO: MINERS ARE STARTING TO WAKE UP
This is where things get particularly interesting.
After years of relative underperformance, precious metals mining stocks are beginning to show signs of renewed strength against silver itself.
The XAU/Silver ratio has broken above its first descending resistance line, while momentum is improving.
Important technical obstacles remain, but the emerging structure suggests that mining stocks could be preparing to regain leadership over the metal.
3. THE NEXT LEG OF THE PRECIOUS METALS BULL MARKET
Now imagine what could happen if gold and silver resume their broader uptrends in the coming weeks.
We could witness an exceptionally powerful sequence:
GOLD RALLIES → SILVER OUTPERFORMS GOLD → MINING STOCKS OUTPERFORM SILVER.
And if that sequence unfolds, silver mining stocks could become some of the biggest beneficiaries of the next phase of the precious metals bull market.
Think about the implications.
A rising gold price.
An even stronger silver price.
And silver miners potentially amplifying that advance.
This is the kind of setup that can produce extraordinary opportunities.
Of course, the scenario is not yet confirmed.
The Gold/Silver ratio still needs to demonstrate that its corrective rebound has ended, while XAU/Silver must consolidate its breakout and overcome additional resistance.
But here's something I've learned from studying markets:
The greatest opportunities rarely arrive when every indicator is flashing green and everyone agrees on the outlook.
They often emerge when the technical evidence begins to align, but uncertainty remains.
My working hypothesis is that we may be approaching one of those rare, potentially once-in-a-lifetime opportunities in precious metals mining stocks.
And if this scenario plays out, silver miners are where I would particularly want to be positioned.
The market will ultimately decide.
But these two charts deserve our full attention.
The next major chapter of the precious metals bull market may be closer than many investors realize.
For a deeper look at this potentially once-in-a-generation opportunity, I've published a detailed technical analysis at Structural Alpha Research, featuring both long-term charts, Elliott Wave scenarios, key resistance levels, and the conditions that could confirm—or invalidate—this bullish thesis.
Read the full article:
https://t.co/0xwnexSHDU
#Silver #SilverMiners #Gold #GoldSilverRatio #PreciousMetals #MiningStocks #TechnicalAnalysis #ElliottWave #SilverStocks #BullMarket
Miners and large juniors are showing resilience.
Gold is down 30% and Silver 60%, yet GDX/Gold and GDXJ/Gold are flirting with breakouts from 13-year-long bases.
This is atypical after peaks in metals.
When the bull market resumes, miners and juniors look poised for significant outperformance.
Silver is backtesting a former 50 year resistance turning into support as we speak.
i am expecting an new impulse move for the metals to the upside to begin this week.
Gold & Silver technical selling on improving Gold fundamentals over the last few weeks (real rates & inflation expectations) is reaching a final bottom today with the $GSR backtesting a 15 year breakdown.
i am expecting an new impulse move for the metals to the upside to begin this week.
Gold's correction from January looks like a double zig-zag (WXY) with seven legs almost completed.
In a potential reversal zone for a fourth wave.
Must stay above 3706 (Fib.50%) with bullish divergence.
Gold corrected ~30-34% in the 2008 GFC.
#gold
SILVER BUY SIGNAL FLASHING AGAIN?
The US Dollar Index ($USD) is approaching yet another double top with bearish momentum divergence — a setup that has repeatedly marked BUY opportunities in Silver ($SILVER).
Same pattern. Same warning signs. Will history repeat?
#Silver#DXY #Gold #TechnicalAnalysis
Gold's 7/8-year cycle has been remarkably stable since the 1970s.
The March 2024 breakout opened a new bull window, with 2028 as the next major top projection.
Based on past bull cycles, our minimum target: $8'800.
Any correction in 2026 is an opportunity.
Gold
Only 10% of miners remain above their 200-day moving averages.
Historically, readings this low have coincided with important bottoms for the industry.
Long-term-minded investors know what to do here.
https://t.co/PXKGwBqrto
The cyclicity on Silver ($XAGUSD / $SILVER) is speaking loud and clear: A consistent ~440-bar cycle (~103–105 days) has been pacing this 4H chart with surgical precision. Following the regular sequence of cycle tops, price has tapped key horizontal support around $53.80—landing right at the sine-wave trough and mirroring the previous local low. Everything points to a cycle bottom forming right here. Are we primed for the next leg up?#Silver #Trading #TechnicalAnalysis #Cycles #PreciousMetals
Could we see the USD index ($DXY) drop, even with this double top scenario? 📉
We’ve had 3 distinct fractals (1, 2, 3) that seem to confirm the structure of a 4th one (4) currently playing out. Patterns are repeating, and if history is any guide, the fourth fractal might just seal the deal for a downward trend, despite the double top resistance.
Keep an eye on that RSI div and the pivot points. What's your take? 👇
#DXY #Forex #Trading #Fractals #USD
Historic technical setup unfolding on $SILVER The distance from the 200-day EMA has just printed a textbook double bottom at extreme oversold levels (around -13% / -15%). The only two historical precedents over the last 6 years:
• March 2020: sparked a +160.6% surge
• July–Oct 2022: ignited a +540.1% mega-rally The coil is fully loaded at the identical deviation threshold. Asymmetric risk/reward for the next leg up. Don't fade the mean-reversion.
Yes. It's an asymmetrical trade based on much higher gold/silver prices. Each stock has the potential to be a 10+ bagger. I'm trying to get 7 out 10 winners.
So, if I find a potential 10-bagger, I buy it. Thus, the reason for 165. I will continue to collect gold/silver miners until I can't find any more potential 10-baggers.
Current holdings: 86 Producers, 4 Near-Term Producers, 71 Developers, 4 Explorers.
I'm hoping to exit in 2028 at between $7,500 and $8,000 gold. I hope to own zero stocks at the end of 2028, but I might hold a few into 2029.
My targets (currently on track)
3 100-baggers
5 50-baggers
40 10+ baggers
Pessimism toward silver miners is becoming extreme, and our SIL–SILJ data shows just how deeply oversold the sector has become.
With widespread drawdowns, collapsing breadth, and sentiment this negative, I believe we're entering a compelling buying opportunity.
The exact bottom is impossible to predict, but for investors with a long-term perspective, I think it's time to start buying silver miners rather than waiting for everyone to turn bullish again.