Welcome to the latter-day gold rush. The increasingly coveted substance is the silver-white metal called lithium, and it represents one of the most exciting opportunities in the resource sector.View post
Price Action Over the Prior Week
The metals have continued to act bullishly over the past week, with silver finally breaking through its important 17.85 level, after spending most of the week consolidating just below it. Moreover, it broke through on strong buying volume, which is what we want to see during a bullish move.
Mining stocks are outpacing oil-related peers in a "reflation rally" sparked by U.S. President Donald Trump's election and the outperformance will last for at least another year if history is a guide.