Jan. 29 at 9:48 AM
$AG vs
$B – PM Bull Market in the Middle Innings
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Precious metals aren’t topping out yet — we’re still in the middle innings of this bull cycle.
Key context:
$AG (First Majestic) – more leveraged to silver, higher beta on swings
$B (Barrick) – gold-heavy, steadier exposure, strong balance sheet
🏗️ Both positioned to benefit as PM trends continue; nowhere near the end of the cycle
If you’re tracking the metals space, this is a setup for continued upside, not a sell signal. Keep an eye on macro catalysts and miners’ relative performance.