A major catch-up trade is currently underway as silver breaks out of a multi-year base to its highest level in over a decade.
The chart below shows the correlation between these two metals over the past 15 years.
As you can see, gold has already laid out a clear path for silver’s next move.
Considering silver's higher beta, I see plenty of room for further upside from here.
Buying the miners has worked out well this quarter, and the weight of the evidence suggests momentum will carry on for longer.
Breakout Multiplier members just scored a 100% return on two silver miner trades this week! If you’re interested to become a member, click here to get full trade details.
Let me know what do you think!
Alfonso.
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