Wednesday, November 4, 2015

Another Long-Term Buying Opportunity In The Precious Metals Sector

It looks like the precious metals stocks are close to the long-term buying opportunity. Please, look at the chart below:



I realize that investing in the PM sector is sort of masochism. No matter what happens, these stocks are going lower. All the time. However, looking at financial markets in the long-term, a patient investor (in the case of PM stocks, a very, very patient investor) may spot very promising entry points.

In the case of PM markets, it looks like such opportunities happen every six years. As the chart above shows, the first buying opportunity was in mid-2003, then in late -2009. If the pattern repeats, the next entry point should be between late-2015 or early-2016.


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