It was only 8-months ago when gold futures put the finishing touches on a massive basing pattern. 

Since then, we've seen the yellow rock rally over 30% to new all-time highs and achieve two of our price targets. 

In addition, the bellwethers of the industry like Wheaton Precious Metals have moved into blue-sky territory and the junior miners have posted bullish momentum thrusts.

And we're betting on participation continuing to expand for precious metals stocks and futures contracts like palladium.

Let's talk about it:

If you're living on this planet, credit is everything—it shapes economies and tells us whether we’re in a "risk-on" or "risk-off" environment. 

And there's no better indicator of investor sentiment than the bond market.

With over $140 trillion traded daily, bonds are the largest asset class in the world, spanning all around the globe, from retail investors to governments.

One way we use bonds for information is by analyzing credit spreads as a signal for stress in the market. 

Right now, credit spreads are not warning of elevated risk, they are doing just the opposite. Giving bulls the green light.

Credit spreads are tightening and hitting multi-year highs when comparing junk bonds to treasury bonds.

Despite bond yields and dollars screaming higher and reaching overbought conditions, stocks and precious metals rallied during what is historically the worst time of the year. 

During a bad seasonal period, junior gold and silver mining stocks had their best week since 2020, and silver printed fresh multi-year highs.

The bulls' ability to maintain control during a historically weak period speaks to the strength and resilience of this market.

Let's talk about the demand we're seeing for precious metals around the world and a few of our favorite trade ideas right now: