RE: Stan Weinstein's Stage Analysis
(2016-07-14, 07:41 PM)isatrader Wrote: As I've highlighted in the past, Silver has a strong correlation with gold, but during the gold bull markets in the last 20 years it has outperformed gold each time, as you can see from the attached long term P&F charts of the gold/silver ratio.Given how extended it is v the moving average I'm wondering whether to sell half my position if it drops below 14 so I can get back in lower. Or if that does not work on the new breakout. In a similar position on some miners. (Good problem to have!)
As you can see from the P&F ratio charts, Silver broke out in June against Gold, which if you compare to the past is good sign for continued outperformance versus gold. So on the next decent pullback, Silver is the stronger place to get in than gold imo.