As precious metal investors, it's paramount to rotate between the metals themselves and mining companies to maximize our long-term gains.
The miners have historically treated shareholders poorly, but sometimes, it pays handsomely to own them.
Last week, we outlined a key level of interest in one of our favorite intermarket ratios. Based on this chart, we believe now is the time to buy the miners.
But it's not just the miners that've rewarded us for being long. The futures contracts are also trending higher, and we're looking to buy more on strength.
Gold futures resolved another continuation pattern last week:
The coal industry is one of the most under-the-radar ponds to fish in.
Investors write it off because "clean energy" will displace the industry. While this is likely true, we think it will take far longer than most expect.
In the meantime, this extreme mispositioning is our opportunity to profit.
You would have made a fortune if you bought these stocks at the depths of the COVID crash. Far more than if you purchased the hottest "work from home" stock.
These stocks had their best day in years last summer after a major Australian coal mine caught fire and halted production.
While we haven't seen the upside follow-through we anticipated, the setup looks ripe for the bulls to take control.
