As we’ve discussed here plenty, this year is very different than last year.
Remember in 2023 when breakouts would stick and prices of stocks and ETFs would keep heading higher?
That’s not happening these days.
It’s actually been the opposite.
The bigger question for me is whether these new trends are here to stay, or if at some point the stock market reverts to those longer underlying uptrends that got us here.
Another question I have is which mining companies are going to lead their groups as metals continue to make new highs.
Here’s a good way to view it. This is Gold breaking out of a decade+ long base to new all-time highs, resuming its secular uptrend from the 2000s. [Read more…]