Commodity Trade Mantra

Posts Tagged ‘Silver Miners ETF’

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.

How Silver Miners Actually Fared Operationally During Their Darkest Quarter

With silver spiralling lower with gold & the vast majority of analysts predicting that trend to continue indefinitely, the silver miners were assumed to be fighting for their very survival. Amazingly, they aced the severe trial with flying colors. And if silver miners fared so well even in Q4 with all the cards stacked against them, their profits will explode as silver prices recover.

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.

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