Wealthion · Friday, September 4, 2026
Despite a lack of public recognition, gold and silver miners have been outperforming gold over the past few years, moving towards the top of their historical valuation range. The analyst anticipates a significant shift in market dynamics when this spread breaks out, which historically leads to net price gains for both metals and miners.
“By the way, when that spread advances, meaning when the miners do outperform gold. And frankly, over the last couple of years, they've been outperforming gold, people don't realize that.”
“When you break out and and surge on that spread, favoring the miners. It always converts into net price gains for both metals for the metals and the miners.”
“So when that spread breaks out, and we're pushing toward it now. Wouldn't shock me we close the month above it.”