Silver Bullet…

Silver Bullet…

In the chart below, Silver stocks (ETF) looks to have broken from its sideways channel.  Both had a nice relative strength day this past Friday! See performance results in the chart below. CLICK ON CHART TO ENLARGE  Gold may be getting the headlines of late,...
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...
Metals update…

Metals update…

I am frequently ask why Silver over Gold?  I have nothing against Gold!  The “Power of the Pattern” can help us with relative strength and the Patterns have favored Silver over the yellow metal and metals stocks.  See year to date...
Quiz answer

Quiz answer

Thanks to the great response from around the world on the quiz and quality thoughts.  Most were puzzled by what it was and thought I might have done a trick to a chart (have ever done that before?)  See quiz and answers below. CLICK ON CHART TO ENLARGE ...
Silver Breakdown (update)

Silver Breakdown (update)

Silver looked very vulnerable to a sizeable decline due to stiff fibonacci resistance in the chart below, which was posted on 1/4. (see post here) In that post it was suggested to put “very tight stops into place.”  CLICK ON CHART TO ENLARGE Silver...