As exciting as the stock market action appears to be on a day to day basis, the reality is that the market have been trading in a range for the better part of a month. The S&P 500 continues to struggle at the 61.8% retracement of its March meltdown.
————————————————————
Get a LIFETIME Subscription to All Of Our Products For Just $2,500
Two annual subscriptions (2 years total) to all of our current newsletters costs $3,500.
But today, you can get a LIFETIME subscription to ALL of them, along with every new product we ever launch, for just $2,500.
There are three slots remaining for this offer… don’t miss it.
———————————————————–
While stocks continue to tread water, precious metals have begun exploding higher. Gold has already recouped all of its March losses. The precious metal has just broken out of a wedge formation to test overhead resistance at $1,775.
Silver is now playing catch up. The silver to gold ratio has reclaimed its trading channel as silver begins to DRAMATICALLY outperform gold. This trend will likely continue for the coming weeks.
Silver miners are performing even better than silver. The silver miner to silver ratio broken its downtrend (blue lines) as well as its consolidation phase (red lines). This is EXTREMELY bullish for this sector.
So, to recap, stocks are in a consolidation phase. Meanwhile precious metals are exploding higher. Gold is outperforming stocks, silver is outperforming gold, and silver miners are outperforming silver.
On that note, we just published a Special Investment Report concerning FIVE secret investments you can use to make inflation pay you (hint they’re all precious metals plays) as it rips through the financial system in the months ahead
The report is titled Survive the Inflationary Storm. And it explains in very simply terms how to make inflation PAY YOU through care investing in the precious metals sector.
We are making just 100 copies available to the public.
To pick up yours, swing by:
https://www.phoenixcapitalmarketing.com/inflationstorm.html
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
