From the Desk of Ian Culley @IanCulley
Silver futures have undercut a critical shelf of former lows.
I find it difficult to hold a bullish bias for precious metals and mining stocks, at least from a tactical perspective.
And when I zoom out to longer time frames, overhead supply looms large across the entire space.
Understand, I believe precious metals and their related stocks ultimately resolve higher, printing fresh all-time highs.
But before we can put money behind this bullish thesis, these next three charts need to throw it in reverse…
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