XAG - The Trade Nobody Is Talking About. Yet

Here’s a mid-term idea from the US traders 👉 the ratio of silver mining stocks (SIL ETF) to the price of Silver itself.
Headway | 215 days ago

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The estimated production cost is around $15 per ounce.At the same time, sell-side analysts at major investment banks are barely paying attention to the massive upside embedded in this setup.

To unlock this potential, silver simply needs to stay near current levels or above $50 per ounce for a sustained period.

Based on the historical chart, silver miners are deeply undervalued relative to silver. The market is clearly mispricing this segment. And currently, the price is at the bottom. So far.

So, game on?

 The question is not if the gap closes — but when.

🚀 Position before the re-rating begins.

Trade XAGUSD with Headway

 

Headway
Type: STP, ECN
Regulation: FSCA (South Africa)
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