Housekeeping: **We will walkthrough exactly how we are using the attached charts during the last half of the Morning Rundown today.
Note: Jordan Roy-Byrne (link to free book.. we contributed a chapter and recommend it) at the Daily Gold has been making similar observations, and has been focused on Gold vs the 60/40 portfolio for some time seeing its own break out in past months.. becoming just as bullish. Michael here is declaring the momentum is very close to beginning for even more explosive action
Silver and Gold: The Structural Turn Begins
According to a report by Momentum Structural Analysis (Michael Oliver), Gold and silver are entering a major secular advance supported by long-term momentum structures and multi-year relative-performance bases. frames the current alignment of signals as the early stage of a large asset-allocation rotation away from equities and toward monetary metals.
