GOLDBUGS AMEX Goldbugs Index (GOLD)

[CaribbeanJim]

Copper silently posted an ALL-TIME end-of-week closing high. This is exceptionally bullish for Silver. When copper breaks out, silver is quick to follow. The chart for copper below is nothing short of spectacular... breakout of a massive 2-year consolidation of major coils. It just looks like it could EXPLODE upward.

That was one heck of a beautiful whipsaw that the metal players created two weeks ago. I know for a fact that it threw a few well-regarded gold and silver players off the train. The biggest moves typically occur after a big fakeout.

I'm really looking forward to the next several weeks for gold, silver and miners. Based on this copper breakout, it will probably be nothing short of phenomenal.

Oh, one more thing... saving the best for last... look how Copper performed exactly 2 years ago from today in April. Silver is a no brainer investment.