Silver “stock” update

Silver “stock” update

Suggested to “Buy SIL” a couple of days ago. (see post here)  Update below. CLICK ON CHART TO ENLARGE Game Plan…Owing SIL with a stop just below the channel breakout.   Nice action in SLV as it is pushing to recent highs. Owning...
Would you buy either of the ETF’s below?

Would you buy either of the ETF’s below?

CLICK ON CHART TO ENLARGE I have been suggesting to buy Silver futures or SLV for a good while and the price action has been very good. Gold is doing ok, yet quality relative strength in the preciuos metals of late has come from Silver!!!  The charts on SIL above...
Silver ETF (SLV) update…

Silver ETF (SLV) update…

CLICK ON CHART TO ENLARGE Remain owning SLV.  See chart for stop loss.  Silver is still wrestling with key long-term Fibonacci levels. (See long-term fib levels here)  Remain of the belief that if Silver can push through key fib levels, an overweight in...
Hang onto this one…

Hang onto this one…

The Power of the Pattern suggested that a sideways pattern in Silver was about to end (see post here) and the patterns suggested to BUY Silver in the “Hi Yo Silver” breakout post. (see post here). CLICK ON CHART TO ENLARGE I shared on Monday that even...