Silver

Precious metals are looking like a great alternative these days given all the uncertainty - trade war, high corporate debt, high federal debt, possible negative interest rates, etc. - that exist in the economic environment out there. This article analyzes which metals to choose. The typical choices are gold, silver, and platinum.

I know you are tired of me saying, “big patterns lead to big moves” but the charts to follow will show you exactly what I mean by that statement.

Many articles make reference to the price of gold costing x dollars per “troy" ounce (i.e. ozt). Why is the term "troy" used? And what do the terms "karat" and "carat" mean?

I remain very bullish on this sector, and the recent rally is likely just the beginning of a multi-year move higher in the gold mining space.

Silver has been in a descending triangle over the past 8 years but looks to be nearing completion. This suggests a large move in Silver is near.

Talk about having an opportunity handed to you on a silver platter! Whether it’s buying shares of SLV or purchasing physical bullion, there really isn’t much of a downside at this point. If you haven’t staked your claim, now’s a good time to do it.

Some say that $15/ozt silver is a bargain - "a screaming buy!"- but are there any fundamentals and/or technical factors to support such claims?

Why do some analysts argue that the gold:silver ratio should reflect the relative rarities of the two metals in the ground and therefore be 10:1 or lower? I don’t know, but it isn’t a valid argument. Neither is the argument that the gold:silver ratio should be around 16:1 because that’s what it averaged for hundreds of years prior to the last hundred years. So, what should it be?

The age-old battle of what should be money continues. Today, the battle is between the banking establishment and the masses of people who trade our markets. The establishment desires to enslave the people with their imaginary ‘cyber’ digits and a cashless society. The people, however, desire a tangible object like silver & gold.

SLV is trading at an attractive level, and appears to have entered a new uptrend towards the end of last year. The recent correction appears to be a positive technical development which should allow market participants to enter SLV at an appealing point around current levels.