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Gold Miners Fill the Gap

April 10, 2023

From the Desk of Ian Culley @IanCulley

The pieces of the puzzle are falling into place. 

Gold priced in USD has finally joined other global currencies, closing last week at an all-time high. Silver, the high-beta play, is outperforming its more reserved cousin (gold). And gold mining stocks are breaking out.

Many of our trade ideas over the past few weeks are working. I believe this trend has just begun and could last for months – or even quarters.

Especially when I consider this next chart…

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