Implications of the Gold-Silver Divergence

Precious Metals

Kitco.com reported on Implications of the Gold-Silver Divergence:

Kitco.com reported on Implications of the Gold-Silver Divergence:

By sequencing the 3-year charts of gold, silver and the HUI index one beneath the other below, we can readily compare and contrast them. From this comparison the marked and persistent non-confirmation of gold’s breakout to new highs and continued progress is obvious, which can otherwise be described as silver and PM stocks having been weak compared to gold. What does this mean? – it means that something is not right – to put it crudely it smells. Either silver and Precious Metals break out to new highs soon or gold is going to stumble and fall.

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