Commodity Trade Mantra

Posts Tagged ‘Silver Prices’

Silver Prices Hold at Critical Level Amid Most Bearish Conditions

Hedge funds & other speculative traders as of last week held more bearish bets against silver prices than any time outside the summer 2015 peak. Silver prices found support [in early May] near $16.00. Something also changed in the silver market in May as US Silver Eagle sales have surged compared to the previous month. Also, the fundamentals in the US economy continue to disintegrate.

Silver is the Buy of the Century - Even Better Than an Explosive Gold Rally

I think silver is the buy of the century! Do you want to turbo-charge your gold profits this year? I’m serious! Do you really want to make the most of what’s going to be an explosive rally in gold? If yes, then I have two pieces of advice for you. 1)Buy silver, not gold. 2) And own some off the beaten path junior minors. — Silver Is the Currency of the Educated.

The Manner will be More Shocking than the Rise in the Price of Silver

At the heart of the unprecedented move higher in the price of silver is the manner in which it will occur. It will be a price move like no other – the greatest short covering rally in history. That’s guaranteed because the COMEX silver short position is the largest & most concentrated short position in history. The largest short position ever holds the potential for the greatest short covering rally ever.

A Massive Rally in Silver Prices is More Than Likely - The Opportunity of a Lifetime

Silver prices moved from $4 in 2001 to over $49 in 2011, a whopping 1220% growth. But in the last bull market in silver, the dumb money waited till silver prices had already climbed to $45 before they finally convinced themselves to enter the market, just as the smart ones were getting ready to sell. If you were one of those who waited, hopefully you learned your lesson. Here is your second chance.

Despite Irrational Selloff; Fundamentals Support Higher Silver Prices

Within the past month, silver has gone from being one of the best-performing assets in financial markets to giving away almost all of its gains this year, but one mining executive remains optimistic on the precious metal during this volatile period. Precious metals will see higher volatility in prices, while markets will remain relatively range-bound until fundamentals come back into focus.

Buying Mania Will Push Silver Prices Much Higher

Even though the silver price and precious metals sentiment have fallen considerably, the market has no clue just how undervalued the shinny metal truly is. When the buying mania from the Institutions, Hedge Funds, Retail & Physical investors comes in to the market, watch as the Dow-Jones-Silver ratio falls back towards 50/1 from the current 1,200/1 & the silver price hits a all-time new high.

Is Silver Repeating its 2008 Historic Moves Again in 2017? If so, Buy Silver on Dips

History repeats itself – maybe not to the letter, but more or less – that’s the key principle of technical analysis. The price swings in silver now are almost identical to its moves in 2008, not only in relative terms, but also in terms of the (almost) exact prices. What does the above suggest? Is it imminent? Does silver have to slide to or below $10? Of course not.

Long Term Technical Analysis for Silver Prices

The $18.50 level proves itself as a long-term resistance and will not give way for the bull easily. This week, the price of silver might consolidate and move downward breaking two bearish candlestick patterns. The downside target of breakout is $16.80 – $17.10 where traders could look to enter for a long term position.

A Bullish Breakout for Silver Prices more Probable than Rally Reversal

Interestingly, silver prices look stronger than gold at this point. The silver bullish traders continued to boost their bullish net positions in silver futures & want to see a strong breakout above $19. Seasonality in silver prices could play an important role in the weeks to come. The coming weeks will be extremely interesting and also important for the silver market.

Weak Silver Demand & Record Shorts - The Cartel is Winning the Manipulation Game Both Sides

The Cartel has been quite successful in manipulating silver prices (and gold) down ever since 2011. Every major rise has been slammed with unimaginable record paper shorts ever since. The “TRUE Measure” of the Cartel’s success at manipulating the bullion markets is that it has now succeeded in manipulating the minds of the physical gold and silver investors. Here’s the HOW & WHY.

US Silver Imports Hit Record Amid Declining Demand - Where's The Silver?

The US had a record amount of silver imports in 2016 while its apparent consumption declined considerably. This does not make sense. It seems as if some large entities or institutions are acquiring a lot of silver at this low price before the global stock markets collapse. When the markets finally crash, there won’t be too many high-quality assets to move one’s funds into. Now that makes sense.

Gold Prices Search for Support while Silver Prices Test Resistance

Gold and silver are still in the same range established within the previous top and bottom. However, silver again has something to boast of, this metal triggered the long-term resistance of the Descending Broadening Wedge at $18.05 that started last summer. It is an important confirmation that the long-term correction could be over soon.

A Massive New Rally in Silver Prices could take the Gold

The S&P 500 is up 5.77%, riding a wave of Trump-mentum. Gold is doing better, with an 8.47% gain. But silver is sprinting, with a 13.5% gain. If silver prices keep up this pace, that would work out to a 65% gain for the year. Silver is ready to run — the starter pistol is cocked. The race is beginning, and silver prices could take the gold. Investors should get out of the way, or ride this rally for all it’s worth.

Impossible to Fully Comprehend the Looming Upside Shock in Silver Prices

There are several forces that seal the fate of the seven big COMEX silver shorts. None of us will be able to fully comprehend the upcoming shock to the upside in silver prices. This has little to do with price per se, just the mechanics of the market; but it will be seen most vividly in price. When the big shorts start to buy back their shorts to the upside, the world of silver will have changed.

Do Current Silver Prices Offer a Better Investment Opportunity than Gold Now?

The upside potential for silver prices is undoubtedly greater than that for gold in the next few years. Here are some solid reasons why. And as an investor, or someone just seeking to preserve purchasing power, one doesn’t want to consider what is happening with silver prices right now, but one wants to consider where silver prices will be heading in the future.

Here's what could Amount to be "The Game-Changer" in Silver (and Gold)

If possible lower silver prices don’t result in the liquidation of the new longs, then it is hard for me to see why silver prices would stay depressed & won’t in time race higher. This is an equation where the price could move quite disproportionately to the upside, despite the appearance of a bearish market structure. For that reason, I am further resolved against selling silver at this time.

March 2017 brings a Crucial Inflection Point for Silver Price Rally

Right now, the silver price has arrived at a very important inflection point where two leading trend lines ‘meet’. This is, by far, one of the most important price levels for silver. March 2017 will be a very important month for the silver market. Silver investors should pay close attention to the $18.50 level. If that is broken to the upside, the real test is the $21 level.

Silver Demand in India Slammed after Demonetisation

Silver imports by India, one of the world’s top buyers, will probably shrink this year to the lowest since 2012 as the government cracks down on black money, farmers struggle for cash & stockpiles remain ample. Purchases from overseas plunged 60% to about 3,000 metric tons last year & will contract further in 2017. Investment demand for silver will continue to fare badly too.

Silver Production Suffered Double-Digit Decline in 2nd Largest Producing Nation

Peru’s silver production declined 2% in November versus the same month last year and even lower by 11% in December. As prices declined sharply after 2013, investment in Peru’s mining industry plummeted. Peru’s mining investment fell 57% in 2016 versus its peak in 2013 & 44% compared to the prior year. The world is now reaching peak production in energy & metals.

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