Pinned Tweet
100 year ratio cycle in mines div. gold. Miners will outperform gold next 50 odd years as gold re-enters monetary system. ABC correction lasting 52 years into 2020 compressed miners:gold. Impulsive wave up started 2020, ends around perhaps 2068 as gold now intern. reserves again.
FormulaStocks retweeted
Gold has already corrected nearly as much as it did in 2008.
Yet many are acting as if the selloff has only just begun.
I see an opportunity.
If this is the secular bull market I believe it is, we won’t get many chances to buy after a pullback like this, in my view.
tavicosta.substack.com/p/ech…
FormulaStocks retweeted
Before she joined his team, @judyshel sent Treasury Secretary Bessent a Kwasi Kwarteng piece arguing China could be the first to relink its currency to gold.
"It shouldn't be China. It better be the United States," she told @RonStoeferle in our IGWT 2026 interview.
FormulaStocks retweeted
🔥SHANGHAI SILVER PREMIUM JUMPS BACK OVER 13%‼️
⚡️Silver prices are trading at $65.35 on the #SHFE, a $7.65/oz premium over paper silver prices in the West, currently trading at $57.70.
The Shanghai premium is now once again widening as physical silver demand surges in China, after the premium contracted back towards 12% over the past week.
The divergence is clear: Physical accumulated/held in ETFs - paper games are being played with price. This will reassert itself in the direction of the physical: Higher.
FormulaStocks retweeted
👇👇👇👇
#Obrigado @TaviCosta
FormulaStocks retweeted
🚨FORMER PBOC GOVERNOR ZHOU XIAOCHUAN URGES PBOC TO INCREASE GOLD HOLDINGS ASAP- WARNS THE WEST'S AI BUBBLE IS ABOUT TO BURST, TRIGGERING A MASSIVE DEBT CRISIS⚠️
On October 20, former People’s Bank of China Governor Zhou Xiaochuan stated at the 2026 Bund Summit that research should be conducted and contingency plans prepared for AI investment failures in the West & the financial volatility they may trigger. Corresponding policy tools should be reserved in the policy toolbox to address such volatility and its impacts.
XAU(PM miners)/USO(oil). Bullish setup, main trend not even in the crosshairs of being breached, bullish EW construct, no topping signs. Oil will have its moment (later)- But so will miners (sooner). $GDX $USO $SILJ
Replying to @AlexSlezak @StocksFormula
Here's the chart correctly labelled. Apologies for the confusion - my fault.
Quite so. Choosing $XOP/ $XLE over $GDX here, can be filed under "very expensive mistakes entirely avoidable a priori". GDX/XLE chart 1hr. (XLE/XOP may lead in the very, very short term, only then to reverse leaving the lead to GDX)
Sobering? Not at all. This is how you go about analyzing markets the wrong way. You assume linearity and ignore cyclical positioning. Rather than Patricks 730 days my *ESTIMATE* for #silver to reach $95 is a range of 303-410 days. May the man closest in no. of days win.... 😉
A sobering chart for silver bulls.
At this rate, silver could take another 2 years to break above its monthly defined all time highs at $95.
Being bullish on the destination doesn't mean the journey will be quick.
FormulaStocks retweeted
Meanwhile…
If gold miners were a standalone sector, they would be the cheapest group in this comparison of US equities.
Roughly a 10% free cash flow yield.
No other sector shown comes close.
tavicosta.substack.com/p/sho…
FormulaStocks retweeted
“People make bad choices all the time, usually because of fundamental inability to operate over longer time frames.”
— Charlie Munger
Bullish trifecta in silver. DXY made some followthrough, on a potential dollar top. Yields reversed. Gold-to-silver ratio reached its ideal C wave target, and appear to be rolling over. -on top of a lot of quantitative and EW buy signals.
Hugely bullish #silver. Silver-to-gold ratio putting in its wave 2 low after 9 monts of correction. Silver should outperform gold AT LEAST +140% in W3. (Depicted wave form here is not to be taken literal & green line is a long term tangent, not exact tgt).




































