Bull Confirmations

Barely anybody is acknowledging that miners and metals are in a bull market, outside of gold itself. Take a look at WPM (Wheaton Precious Metals), make new ALL-TIME highs, but not getting any recognition as yet. This tells me there is lots more upside in this bull, and forgive me for stepping away and letting it do it’s thing, leading me to post less here. I prefer to let winners run and we have been having a string of enormous gains, easy to make one excitable, so I look away and do something else. After all, no way I am selling anything down here, so no point it watching every tick.

While I do not own WPM outright, I am happy to say its in the top ten holdings of the SILJ etf, which I think is how most non-professional investors should play the miners. People think etfs don’t move, but just in 2016 SILJ gained 389% over six months! I have added here at there to positions in BTG and EQX, and am prepared to buy a sharp drop that lasts just a day or two, when it finally arrives. It might not happen until miners are at much higher levels, when they are in a bull market, they are a sight to behold!