There may be a silver lining in the old gold silver ratio playbook. For the first time in a long time, it seems like silver might get ready to outperforming gold.A beautiful head and shoulders formation that I mentioned just some folks in silver could be an and early turningThat really is starting to play out on silver, and we could see the long-awaited correction or normalization with the gold silver spread.While it may not be time to buy right now, we are getting close to a turnaround.Yet the question is why spread when both markets are going up both silver and gold have put incredible bases, we continue to believe the gold will hit $3000 an ounce we also believe that silver is going to hit $60.00 at some point those long-term traders are starting to get some dollars put into their pockets.After the Fed meeting yesterday and no apparent conviction to either raise or cut rates the industrial metals seemed to bounce back industrial metals may take their cue from earnings, but the chart formations on both copper aluminum Palladium looked like they’ve broken out for a little bit.Because we’ve been saying for some time, we really like the gold market as an investment as well as a trade.Kitco News reported that “ Gold is traditionally seen as a defensive asset, as insurance in a portfolio; however, the precious metal’s historic gains last year could begin to challenge what appears to be an outdated definition.They point out that this week, The Swiss Federal Pension Fund PUBLICA reported a net investment return of 5.9% in 2024, consolidated across all pension plans. T he Fund said that its returns were driven by its equity investments and precious metal holdings. Publica said that its equity holdings had the biggest positive impact on PUBLICA’s consolidated total assets in 2024.“With a net annual return of 14.5%, they contributed 4.7 percentage points to the overall return of 5.9%,” the company said in its statement. North American-listed companies performed the best while European stocks underperformed.Meanwhile, the fund said precious metals were the second-biggest influence on PUBLICA’s consolidated total assets in 2024, delivering a 33% return.China is continuing to make major investments to secure supplies of industrial metals. Bloomberg is reporting that Tanzania signed a $2.15 billion deal with two Chinese firms to construct a railway linking its main port of Dar es Salaam to a nickel mine in neighboring Burundi. Tanzania Railways Corp. awarded the contracts to China Railway Engineering Group Ltd. and China Railway Engineering Design and Consulting Group Co. in Dar es Salaam.Reuters reported that – President Donald Trump’s threat to impose tariffs on U.S. copper and aluminum imports will result in higher costs for local consumers because of a shortfall in domestic production, analysts and industry participants said on Tuesday. In a speech on Monday, Trump said he would impose tariffs on aluminum and copper – metals needed to produce U.S. military hardware – as well as steel, to entice producers to make them in the United States.More By This Author:Artificial Copper – Manic Metals ReportThe Energy Report: A Revolution of Common SenseThe Energy Report: Making Energy Great Again
