Bull market for the gold and silver miners ETFs (GDX & SIL) signaled on 3/13/25
posted on: March 14, 2025
Overview: While most stocks are amid a severe correction, the gold and silver miners’ ETFs have shown remarkable strength, which, in my opinion, is proof that precious metals are poised for a big and sustainable run-up. The trend for gold and silver is also bullish. General Remarks: In this post, I extensively elaborate on the […]
Assessing the Bullish Setup for GDX and SIL in a Bearish Stock Environment
posted on: March 7, 2025
The setup for a potential primary bull market in SIL and GDX was completed on 2/27/25 Overview: Despite declining stock prices, gold and silver miners’ ETFs (GDX and SIL) demonstrate resilience and completed on 2/27/25 the setup for a potential primary bull market signal. As of this writing, neither GDX nor SIL haven broken up […]
Secondary reaction for the gold and silver miners ETFs signaled on January 30, 2025
posted on: January 31, 2025
The primary trend remains bearish Overview: All markets are sensing that a new wave of liquidity will be released. Gold, stocks, bonds, and crypto are edging higher. The gold and silver miners’ ETFs, mired in a bear market, have experienced a rally. However, this rally is not enough to change the trend from bearish to […]
Dow Theory signal: Bear Market for Gold and Silver Miners triggered on 12/18/24
posted on: December 20, 2024
Analyzing the Impact of Powell’s Hawkish Stance on GDX and SIL Overview: All markets, gold and silver miners included, reacted negatively to Powell’s more hawkish stance, as investors had anticipated more substantial and frequent rate cuts. The big drop GDX and SIL experienced on 12/18/24 triggered a primary bear market signal. The precious metals themselves, […]
Gold and Silver at a Crossroads: Bull Continuation or Bear Market Ahead?
posted on: November 20, 2024
Breaking Down Gold and Silver: A Critical Moment Overview: In a similar fashion to the gold and Silver miner’s ETFs, gold and silver reached a make-or-break moment on 20/19/24. The setup for a potential bear market has been completed, and the line on the sand has been drawn. In this post, we examine the key […]
Precious Metals Miners at a Crossroads: Bull Continuation or Bear Market Ahead?
posted on: November 19, 2024
Breaking Down the Gold and Silver Miners ETF: A Critical Moment Overview: The gold and silver miners ETF reached a make-or-break moment on 11/19/24. The setup for a potential bear market has been completed, and the line on the sand has been drawn. While gold and silver themselves have not yet completed the setup for […]
Bull market for the gold and silver miners ETFs (GDX & SIL) confirmed on 9/24/24
posted on: September 27, 2024
Chinese Stimulus Sparks Melt-Up in Gold, Silver, and Mining ETFs. Overview: The markets were sniffing the Chinese stimulus days before it was official. All assets are in a melt-up mode; GDX led the parade, and finally, SIL caught up. The bull market in precious metals has been confirmed. Once again, the principle of confirmation saved […]
Precious Metals Bull Market Confirmed on 9/24/24: Gold and Silver Miners Soar
posted on: September 27, 2024
Chinese Stimulus Sparks Melt-Up in Gold, Silver, and Mining ETFs. Overview: The markets were sniffing the Chinese stimulus days before it was official. All assets are in a melt-up mode; gold led the parade, and finally, silver caught up. The bull market in precious metals has been confirmed. Once again, the principle of confirmation saved […]
Not so bullish now: Setup for a potential bear market signal for GDX and SIL completed
posted on: August 31, 2024
The primary trend remains bullish until proven otherwise Overview: GDX and Sil underwent a secondary reaction against the primary bull market. The recent price action resulted in a setup for a potential bear market signal being completed. Please mind the word “potential”, which implies that the primary bull market remains in force. GDX broke up […]
Gold and Silver ETF miners (GDX & SIL) soar: Primary bull market re-confirmed on 7/16/2024
posted on: July 16, 2024
Gold and Silver are also in a bull market Overview: GDX and Sil underwent a secondary reaction against the primary bull market. Confirmed higher highs by both ETFs have reconfirmed the primary bull market. Gold and Silver are in a bull market of their own, as I explained HERE. I see most assets going to […]
SLV and GLD: Evaluating the Secondary Reaction and the Setup for a Potential Primary Bear Market
posted on: June 20, 2024
The primary trend remains bullish Overview: SLV and GLD (silver and gold) are in a secondary reaction, and on 6/20/24, the setup for a potential primary bear market has been completed. The gold and silver miners ETFs (GDX and SIL) are also in a secondary reaction, but no setup for a potential primary bear market […]
Gold and Silver Surge: Dow Theory Confirms Bullish Primary Trend on 5/17/24.
posted on: May 18, 2024
Overview: Higher confirmed highs by SLV and GLD (silver and gold) have reaffirmed the primary bull market. The secondary reaction is over. The most recent pullback in the gold and silver miners’ ETFs (GDX and SIL) was so modest that it did not qualify as a secondary reaction. So, a bull in full gear. General […]
