Courtesy of Chris Kimble
In the chart below, Silver stocks (ETF) looks to have broken from its sideways channel. Both had a nice relative strength day this past Friday! See performance results in the chart below.
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Gold may be getting the headlines of late, yet when it comes to commodity/portfolio performance, Silver/Silver stocks is the clear winner over the past 30 days.
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Game Plan…remain overweight Silver Futures/Silver ETF (SLV) and owners of Silver Stock ETF (SIL). Will remain using the breakout as the stop loss.