This chart shows how Silver and Gold continue to outperform the SPY in 2022. I expect this trend to continue as I expect both Silver and Gold to recover to new All-Time Highs very quickly.
This deep selling in the US and global markets is an indication that a contagion event may be building. I strongly suggest China/Asia may be the source of this event (including Emerging Markets).
Debt levels in these areas are excessive and the unwinding of the speculative consumer cycle could last 15+ years (based on my expectations).
This puts Gold and Silver on a target to rally well into 2031-32 - possibly longer.
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