Gold and silver miners are extremely undervalued and due for an explosive breakout

Youtube

·

Original Report

↗ Youtube

Gold and silver miners, as represented by the XAU index, are extremely undervalued, currently trading at 8% of gold compared to a historical average of 25% and a multi-decade technical floor of 18%. This extreme undervaluation, combined with a massive technical base forming in the spread between miners and metals, suggests an imminent and explosive breakout that will lead to significant price appreciation for both the miners and the underlying gold and silver.