Silver is Leading Gold UP! Has the Precious Metals "Rocket" Left the Launch Pad? 🚀

Silver is leading gold up this month! And THIS is what I’m going to do about it. I think the gold and silver "rocket" may have left the launch pad in November, and boy am I glad I’ve been stacking silver and gold! Physical gold and silver are helping me preserve the purchasing power of my financial nest egg. And for this purpose, there is no substitute for physical precious metals!
I’ve been stacking gold hard and silver a little less hard. Last year I was at a 300 ounce to 1 ounce purchase ratio of silver to gold. Early in 2022 that changed to 100 to 1 silver to gold. This fall I was buying more like 50 ounces of silver for every 1 ounce of gold. And that’s mostly due to the current status of my silver stack and the crazy silver premiums. I'm hoping that reverts back once silver eclipses $40 and ounce and silver premiums likely relax. Both gold and silver have done tremendously well in November. Something is going on when you see gold move that that. Gold’s up 9% from its November lows. Silver's up 15% from its lows in November. Silver is LEADING gold up. And I want to leverage that right now. Even as I near retirement and care more about wealth preservation than ever before, I still want to grow some of my wealth. I STILL don’t want to be in the broader stock market. So, I’ve been allocating a very small amount of my portfolio into junior mining companies. I’m super excited about how my mining stocks reacted to the jump in the spot price of gold and silver this month. I have speculated in several gold mining companies and just one silver mining company, but I may have found another one--Silver Mountain Resources!

https://silvermountainresources.com
OTC: AGMRF | TSXV: AGMR

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