Otavio (Tavi) Costa: Silver trades nearly 30 percent below 200-day moving average

Otavio (Tavi) Costa: Silver trades nearly 30 percent below 200-day moving average
Silver falls well below moving average

Silver is currently trading almost 30 percent below its 200-day moving average, a level not seen since March 2020. Otavio (Tavi) Costa, portfolio manager at Crescat Capital, suggested that the metals and mining sector may be nearing another significant inflection point.

Costa has previously said that gold miners offer the highest free cash flow yield among U.S. equities. In a separate comment, he described a recent gold correction as closely matching the 2008 pullback. Both views point to a focus on relative value and historical comparisons in his recent analysis.

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