Commodity Trade Mantra

Posts Tagged ‘iShares Silver Trust’

Silver Breaks Out: Will Silver Return as the World’s Premier Currency?

Corrective action from July has more than completely unwound the earlier overbought condition & has brought silver all the way back to its steadily rising 200-day moving average, a classic buy spot, where a potential intermediate base has formed. The tight pattern that has developed following the sharp drop early in Oct suggests a “false flag” that will lead to an upside breakout.

Can the Price of Silver (the Year's Top Performer) Continue to Rally?

With the price of silver up nearly 40% year-to-date, investors are wondering whether it can continue. Experts say it may have more room to run, particularly as global interest rates continue to stay negative. It wouldn’t be inconceivable to see a silver supply shortage if there was heightened demand, & in that case, a silver to gold ratio of 20 to 1 (or lesser) is not an impossibility.

Buy Silver, Not Gold, if You are a Big Time Player

On the face of it, it may seem a bit odd. Gold is the traditional store of value. But for long-term investors, it’s important to understand that silver prices have an 84% correlation to gold prices over time. One big thing silver has going for it moving forward is it has growing industrial uses that gold doesn’t have. It could well be the key strategic metal for the 21st century.

Buy More Silver on the Big Pullback in Silver Prices

History shows that when silver has a big rally off a bottom, it typically retraces about 50% of the rally. Levels may change slightly if silver prices continue to creep up in the short-term, but it provides an approximate buy location for when the pullback does develop. Now is not the time to be aggressively buying silver. Patience is likely to yield much lower entry points.

Every Single Move This Year Seems Silver And Gold Friendly - Especially Silver

“It’s very difficult to be bearish on silver and gold — especially silver, which has drawn particular interest from investors this year. With so much pricing momentum, and so many geopolitical and market factors blowing in its sails, there’s no reason to think silver won’t continue to post gains through the end of the year.” Events close-by could easily push the price of silver above $30.

Gold and Silver Pullback Before US Jobs Data - But Brexit Weighs on Fed

I am beginning to think the gold rally is running out of steam and may be due for a pullback. We need some fresh impetus to continue higher…Unless more dire news comes out of the UK (Brexit aftereffects) or elsewhere, I suspect there may be some profit taking ahead of the weekend. However the focus now shifts to Friday’s [US jobs] NFP print.

Extremely Battered Prices make Silver a Coiled Spring - Ready to Explode Higher

A delayed silver reaction to major new gold uptrends is readily evident over the past decade. But once gold rallies far enough, silver investors return & as silver’s gains accelerate, they soon catch up with & eventually surpass gold’s own. The battered silver prices (coiled spring) aren’t sustainable, so silver is due for a massive mean reversion higher as investors return.

Silver Buying Only Starting - Investment Demand Awakens

Silver is on the verge of a major breakout following this week’s sharp rally. Silver investment demand varies dramatically with the shifting whims of traders’ sentiment it. And since any market’s prices are effectively set by marginal new buying & selling, nothing is more important for silver prices than investment demand.

Silver Price and iShares Silver Trust - SLV Going to $12

The movement from $17.5 to $50 from 2010 to 2011 had only a small correction. It just played as a gigantic parabola. What we know is that parabolas are reverted back below their previous channels. Based on long-term demand line, formed during a period of over 12 years, the support for silver price is around $11-$12.

Gold to Fuel Silver Upleg

Silver is a fascinating market. Almost without exception, all of silver’s biggest and strongest spikes, uplegs, and bull markets in modern history have been fueled by parallel gold rallies. From an investment perspective, silver is ultimately just a leveraged play on gold. Silver investment demand is almost totally dependent on gold’s fortunes.

Silver Ready to Run

Silver looks to be on the verge of a major new up-leg, finally emerging from the past couple years’ ugly sentiment wasteland. And while investors’ ongoing silver stealth buying continues, it’s been modest. So there is vast room for capital inflows to accelerate dramatically as gold mean reverts higher.

The Chart Every Silver Investor Should See

If current buying trends continue for the remainder of the year, total Silver Eagle sales to reach 37 million and 475,000 oz of Gold Eagles. While sales of Gold & Silver Eagles will be lower in 2014 compared to the previous year, the Silver-Gold ratio is estimated to hit a stunning 78/1…. more than double the 33/1 from 2008-2013.

Silver Buyers Keep Stacking Despite Falling Prices

Although the silver price weakness has damaged psychology, some interesting trends have emerged which appear to be signalling that the core silver retail & indeed institutional investor remains resilient & is even using the current price weakness as a further buying opportunity. Silver ETFs still remain near an all-time high.

Why It Might Be the Right Time to Buy Silver

Silver prices have come back after 2 years of downside pressure, stabilized around $21 & it is likely just the beginning. Inflation is slowly creeping up & that adds upward pressure for silver. Is now a good time to buy silver? You need to be aware of key supply demand issues & several ways to play the metal.

A Few Reasons to Consider Buying Silver

Silver is not only a precious metal currency but also has massive industrial and technological demand, particularly in the technology sector. Smartphones alone generate billions of dollars in silver demand, much of it coming from technology giants. This article presents some bullish evidences to argue in favor of silver.

Why Gold and Silver Could Outperform Every Other Asset Class in 2014

What will set off an explosive rally in gold and silver remains to be seen but there are plenty of potential triggers including war in the Ukraine or South Korea, as well as the significant financial risk of collapsing asset bubbles engineered by the extremely loose monetary policies of the world’s central banks.

The Silver Bull Is Alive and Quite Well

If the silver bull market was over, we wouldn’t see SLV holders refusing to sell (unlike in the major gold ETF- GLD), Indians buying record amounts of silver, and retail investors hoarding silver bullion at historic levels.

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