Dave points to fresh evidence of the underlying strength in the precious metals sector. Here’s why gold & silver may be setting up for a big move…
Gold and silver are historically undervalued relative to the stock and bond markets. The junior mining stocks overall are at their most undervalued relative to the price of gold since 2001. Gold’s relative performance during the quarter, when the stock market had its best quarterly performance in many decades, is evidence of the underlying strength building in the precious metals sector.
Furthermore, the stock market is an accident waiting to happen. By several traditional financial metrics, the current stock market is at its most extreme valuation level in history. This will not end well for those who have not positioned their portfolio in advance of the economic and financial hurricane that is beginning to “move onshore.”
Bill Powell invited on to his Mining Stock Education podcast to discuss the precious metals sector and the economy.
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Tune-in to the discussion in its entirety below:
Editor’s Note –
Did you know that Silver Doctors has a brand new team member? Mike from Rethinking The Dollar has come aboard to report on all of the important gold, silver and finance news. Silver Doctors’ YouTube Channel will be posting videos more regularly, including live-streaming, so if you haven’t already, check out Mike’s latest work at Silver Doctors.