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The Precious Metals Bull Market Enters "Normal" Territory

The Precious Metals Bull Market Enters "Normal" Territory

Which makes silver miners 10-baggers

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John Rubino
Jun 12, 2025
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John Rubino's Substack
John Rubino's Substack
The Precious Metals Bull Market Enters "Normal" Territory
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The past few years have been great for gold but “meh” for silver and precious metals mining stocks. At one point in April, gold was 104 times more valuable than silver, an extreme reading for a ratio that normally tops out in the 80s or low 90s.

As for the miners, as “leveraged bets on the underlying metal,” they were supposed to be rocking right along …

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