Barrick is making new three-year highs today, NEM is starting to head back up, while many of the smaller miners like ASM and ANPMF barely took a breather up near their all-time highs. Its a very strong bull market, and should intensify as silver kicks into bull mode as well.

Silver July futures are finally breaking out this morning, over $36 as I type. If this holds for a few days, we should see the metal run to $40-$42 in short order, then there is very little resistance in the way to all time highs up around $50.

Metals and miners are blowing out to the upside. With huge volume in such things as PSLV and SILJ (the latter i s up over 7% today and about to make new 52 wk highs, just like GDX and GDXJ are making new bull market highs today, in fact prices not seen since 2011!

Miners keep going up, even when the metals are down, a very strong sign for the group. If one isn't long already, its not too late yet, but getting there. Many of our stocks are up 200-400% already, if they can just double more times, they will be 10-baggers.

Many miners making new highs, like CDE and ASM to name just a couple, and even the junior explorers are kicking in to gear now, confirming the bull is on. The early, cheapest shares you buy, are the ones that give you exponential gains in a bull market. DSVSF is up 400% already

Most people wait on the sidelines, or get shaken out of positions, so they don't have big positions when the move occurs. Fear of pullbacks forces them out of position to make huge, life-changing gains. Beware of newsletter salesmen that talk big, but won't show you statements!

CDE is up over 40% this week, but you have to be in miners BEFORE they make their moves, bc they rocket when they go. For exponential gains, the first buys at low prices are the most important, then one has to wait or the move like we see in CDE this week.

$GOLD/$SPX and GDX/$SPX are blowing out on upside, strong confirmation that metals and miners are going to outperform the stock market for a long time to come. Many groups could not hang onto the big gains from Wed., crashed lower again on Thu, but miners were strongest group!

Monster volume continues in the PSLV etf, just as many newsletter "pros" got shaken out of positions in metals and miners. They hop onto the sidelines patting themselves on the back for decent gains, only to be left behind on the investment of a lifetime like metals & miners.

Gotta love how miners and metals are flying higher in the face of devastated markets. Much higher prices to come, if you don't own miners with metal in the ground, better get some soon.

The strongest group remains the precious metals and their miners, my focus remains there. Meanwhile, the cryptos are weak, ETHE is a standout short, as well as semiconductors (SMH), and MSFT, though I am waiting to enter shorts in those names a little bit longer. Shorting soon.

The highest WEEKLY close for the $HUI since 2020 was 351, we are trading above that now. Lets see if the weekly closes over that level, if so there is not much resistance if any, all the way up to ALL-TIME highs up around 639, another 82% gain from here!

Precious metals miners have been flying, even on days when the metals themselves go sideways or lower, telling us that the metals bull is now in full swing with lots more upside in both metals and miners.

So the dumb idea of a crypto reserve proves to be nothing, its only a stockpile of confiscated air tokens, not even a reserve, and there is nothing new, as the govt was already keeping coins they confiscated. Down go cryptos!

ETHE is down 41% over the last year, and making new lows again today. So much for a crypto reserve, a very dumb idea to begin with, and it looks like the market agrees, since imaginary tokens can't hold up even in the most bullish news.

Ony 2:30pm, and PSLV with its physical silver held in Canada, has already traded over 41 million shares. At this rate, it will easily mark a new high in volume for this recent phenomenon.

Another HUGE volume day for the PSLV etf, already over 40 million shares traded by 3PM, and its been elevated for two months now. Why the sudden interest in a physical silver etf? The SLV, which doesn't have to hold actual silver, used to trade much more, now only 18 million.

MSTR has zero bounce today, and again its a bad omen to see it the stock down 13%, while bitclown is only down 7.7%. Imaginary tokens have more to fall, IMO.

Imaginary clown tokens are getting smoked today, with the crytpo stocks being the tell yesterday. Lots more downside ahead, with occasional, sharp bounces that don't last long, is how I see their new bear market playing out.

Good to see the precious metals and miners hold up well, into a decline many have anticipated. Meanwhile, it's interesting to see bitcoin related stocks like MSTR and COIN very weak, making new correction lows, a bad omen for clown tokens, IMO.