The bull market in precious metals and precious metals miners is still in its early stages.
Gold first began outperforming stocks in late 2024/ early 2025. From that point onward the ratio between Gold and the S&P 500 has been in an uptrend. Indeed, there have been only three down months (out of 16) in this ratio since the bull market began!
It is important to note that the recent pullback in the precious metal has NOT negated this development. When we zoom out to look at the long-term Gold: S&P 500 ratio chart we see that the recent decline in this ratio was simply a back-test from breakout that occurred last year. The fact that this ratio held above the line signals that former overhead resistance is now support. This is EXTREMELY bullish in the long-term.
Moreover, gold miners, the companies that generate cash flow based on gold prices look poised for an EXPLOSIVE move higher. During major bull markets, gold miners outperform gold by a wide margin. As I write this the ratio between gold miners (GDX) and gold has just broken out of a TEN-YEAR consolidation range/ base. Even a slight reversion to the mean would lead to triple digit gains in the sector.
If you’re looking for guidance on how to profit from this, I can show you how.
On that note, we just published a Special Investment Report concerning FIVE secret investments you can use profit from the next major bull run in precious metals miners.
The report is titled Survive the Inflationary Storm. And it explains my top precious metals plays, including their names, their symbols, and the resources they own. These are HIGH OCTANE positions that
rallied 75%, 140%, 150%, 180%, 280% and an incredible 574% in 2025! And I wouldn’t be surprised to see them repeat this performance in 2026.
Normally I’d charge $499 for this report as a standalone item, but in light of what is unfolding today, we are making just 100 copies available to the public.
To grab one of the last remaining copies…
Best Regards
Graham Summers
Chief Market Strategist
Phoenix Capital Research
