
Mexico is the King of Silver

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I feel less alone now.
As I’ve said, precious metals are the only asset whose ascent I am cheering. Or was cheering, more accurately, since it’s been getting dragged down with all other assets. Silver, for instance, has lost about 15% of its value.

Gold and Silver are kind of like Elon Musk and Kimball Musk. They’re related, but one of them gets almost all the attention. Let’s give Kimball, I mean silver, a bit of screen time.
Here is the Dow Industrials divided by silver futures. Pretty toppy, wouldn’t you say? It this completes, it means lower stocks, higher silver, or both. I’m thinking “both.”

