Big Moves Higher Confirming The Precious Metals Bull
March 12, 2025
We are starting to see huge spikes higher in various miners, as they report blowout earnings and free cash flow. No longer do they see all rallies sold down soon thereafter, these are trend-changing or trend-confirming moves, made with force. Below are two examples, HOC.L (Hochschild Mining, in which we just recently initiated a position, and EXK (Endeavor Silver), which has been a holding but added to it recently as well. Note the percentage gains in just one day, and the fundamentals only continue to improve for the next couple years or more. Considering the stock markets in general are very weak, imaginary clown tokens (cryptos) are in a bear market already, moving money into precious metals and their miners seems like the wise thing to do. As silver nears a significant breakout, there is still lots of upside for the group, but with moves like these, don’t take long to make up your mind. Best to get some exposure before they run away from you.
HOC.L launched out of a strong support zone, while EXK cleared any near term resistance. Yesterday was one of our best days ever for our accounts, I hope you get on board soon, too!