timwest

Why isn't SILVER rallying

BATS:SLV   iShares Silver Trust
WHY CAN'T SILVER RALLY???

Statements:
1. No one has any money
2. People are buying something else
3. People have changed their beliefs

Responses to statements:
1. Recessions do weaken "excess funds"
to speculate on stocks and commodities.
2. People are buying T-Bonds instead.
3. People are buying the idea that DEFLATION
is in the future instead of inflation.

STRATEGY:

Go long SLV here:
Stop loss 27 initially.

The market can rise
sharply on the hint
or the idea that a new
QE (Quantitative Easing)
will be launched. But
EXIT on that reality.

Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.