GTBAF - Gold Silver Gold/Silver Ratio And HUI

• With an understanding that macro and sector fundamentals are not yet aligned with a bullish gold stock view, we update the metals and miners using daily charts.
• Gold is projected to be very bullish for 2022, but in making a Handle to a bullish big picture Cup, the next bull phase is not yet active.
• Silver and HUI are weak as would be expected with a rising Gold/Silver ratio while both metals remain in daily chart downtrends.
• Post includes information about KGC's proposed buyout of GTBAF as I discovered this news while writing the article. I am long both GTBAF & GBRBF. The buyout could have ripple effects on other gold exploration stocks.

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