Not Your Advisor
Not Your Advisor
Everyone will be talking about Silver soon 🎧 #204 (May 17)
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Everyone will be talking about Silver soon 🎧 #204 (May 17)

Dow Closed above 40k. Walk through of Metals and Miners for paid subscribers

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Precious Metals investors are the real Diamond Hands!

I alerted my paying subscribers about $SLV potentially breaking out in late March from $23. It is up 24% thus far.

I also alerted my paid subscribers on Wheaton Precious Metals around $38. It has almost doubled since.

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Summary of the day

Chart via

98% of mainstream investment advisors currently have less than 5% of their clients’ money in precious metals. Even if we get 1% incremental add to Metals, it would be wheeeeeee!

Breadth

  • 667 new highs

  • 107 new lows

  • 51 % advancing 45% declining

  • 31 % below 50 day ma

  • 29% below the 200 day ma

Stuck out

10 yr 4.42%

Strong

Weak

What to watch

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At the very least, improve your own education so you can grade your financial advisors homework and performance!


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