SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : The Great Gold and Silver Mining Rush of the 21st Century

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: LoneClone12/22/2025 5:33:11 PM
  Read Replies (1) of 9709
 
Here's my summary of what Saville had to say this last weekend.

It is interesting to read him these days. Normally he exhibits the certainty of a technical analyst. If the charts show him something one week and the opposite the next, he normally has no problem completely switching gears. But these days, at time he seems almost nervous about making predictions. (Though given the times, who can blame him for that...)

Anyway, he says recent developments in the PM sector 'muddy the waters'. Silver and gold stocks have broken out to new highs, but gold itself has not. His latest call is that gold will either break out or range trade for a few months before resuming its uptrend, while to him silver appears stretched, raising the risk of an intermediate term top. He also expects that oil will soon begin a multi-year uptrend, which is negative for producing miners. As well, Minera Alamos aka MAI has appeared in his list of 5 candidates for new buying.

LC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext