Sunday, December 7, 2014

Precious Metals Market - If History Repeats We Are Again At The Same Point

Firstly, the chart:

The chart shows the relative strength of Precious Metals miners' shares against the broad market (S&P 500). Today, the ongoing bear market in the PM sector is at the same point as in 2000, when the first stage of the bull market in the PM sector started.
If the history repeats we could expect the second stage of the bull in the PM sector.

Is it the chart of the decade?