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Si1

Silver set to outperform gold and platinum next yearThe platinum/silver ratio indicates right now that silver will likely be the best precious metal to buy at the start of 2015 if all metals start rallying like in January 2014. Please see my previous ideas on silver and on the silver/gold ratio to see why this metal in particular has caught my eye lately. If you're bullish on precious metals right now, give preference to silver as it has the most to gain if a bullish metals market does set in.
NYMEX:PL1!
by ABRAK75
1
If you're bullish on precious metals, give preference to silver***Please note that this chart is of the Silver/Gold ratio, not the Gold/Silver ratio as is indicated on the chart. Apologies for any confusion. The Silver/Gold ratio hit a very familiar zone that is worth taking a note of before the start of 2015. While gold is still above this year's opening price (it did briefly fall below in November), silver has gotten hammered. Fundamentally, I believe this is due to silver's industrial characteristics that make it much more exposed to slowing global growth, particularly in China. It's the same story for copper, which hit multi-year lows last week. Market participants have clearly preferred buying gold as they are more focused on central banks' accomodative policies, while these have not so far led to inflationary pressures that one would expect with quantitative easing programs. There isn't anything to suggest that these fundamentals are going to change in 2015. Central banks in the Euro Zone, in Japan, in China and elsewhere are still going to have very expansionary policies. Even if the Fed does start raising rates next year (markets anticipating between June and September), they will still remain extremely low on a historical basis. As for the global growth story, expectations are pretty low right now. Growth forecasts have been cut almost accross the board by all major international financial institutions (IMF, World Bank, central banks, etc.). Silver and industrial metals like Copper should therefore still be under pressure with headwinds coming especially from China's real estate market (falling housing prices). That being said, there is one silver lining that may allow for upside surprises next year : the fall in oil prices. Expectations for global growth are low since forecasts have been revised downward, but these forecasts might not have fully integrated the tailwind effect that a drop in oil prices may have for certain regions and sectors. If market psychology starts changing at the beginning of 2015, and if precious metals start rallying like they did in January 2014, I believe that silver will give the best returns for investors. The silver/gold ratio suggests this as it is testing a 17-year support right now. Past bounces in this ratio corresponded to 20+ percent moves in silver prices. Please see my previous ideas on silver to see why this metal in particular might just be a great buy opportunity towards the end of the year.
COMEX:SI1!Long
by ABRAK75
The Devil's Metal with a 14-HandleSilver has some extreme bearishness built up behind it. I am bullish long-term, but we are very likely to see a $14-hand on the metal. The nearest support is found at $14.62, while resistance can be seen at $15.60 (broken support). There are some growth worries out of China, which could give short-term support. However, there is endless central bank intervention which could hinder any significant upside. A close above resistance could be an inflection point upward, while more downside testing could be likely. A US Mint spokesperson reported Wednesday that the silver 2014 American Eagle has SOLD OUT. The Royal Canadian Mint had to put the maple leaf on ration due to record demand. Who said there's no demand? I would easily play either direction based on price action. For more, please visit: tinyurl.com
COMEX:SI1!Short
by CommoditiesTrader
Silver (SI) Bottoming on Weekly ChartSilver, like gold, is forming a significant bottom as its weekly and daily RSI, Stochastics and MACD have all either turned higher or are completing their bottoming stage. Significantly, silver has been trading within a price range that previously saw consolidation activity in the summer months of 2010 before silver skyrocketed to near 50. I`m not suggesting similar upside but at the very least, a respectable initial upside target in the 18.5-19 zone where previous support had been found in the first half of this year, which will likely coincide with the massive downtrend resistance line (as seen connecting the May 2011 peak to the July 2014 top). Feel free to visit stks.co for today's technical analysis on $GC_F, $SI_F, $USDX, $EURUSD, $USDJPY, $GBPUSD, $NG_F, $CT_F, $ZC_F, $ZW_F, $SB_F, $KC_F. Website: tradablepatterns.com FB: facebook.com Stocktwits: stocktwits.com Twitter: twitter.com Linkedin: www.linkedin.com YouTube: www.youtube.com Google+: google.com Email: info@tradablepatterns.com
COMEX:SI1!Long
by TradablePatterns
1
Silver's make or break appointment with NFP'sMake or break? I wish I knew. The last 3 years is almost always break, I think. Fact is that is so easy for sellers here, that if the line breaks there are going for targets lower derived from both triangles. Easy is sometimes suspicious. This weeks down candle volume is 1/4, up to this morning, of the volume of last week's doji. Posted current contract days ago, update here: Dimitri Speck's seasonal chart says that first two weeks of May are mostly bullish for the last 37 years. www.seasonal-charts.com Sentiment trader's data shows 28% bulls at support. Gofo rates 1-6 months are still negative. The best of luck, Cheers, Panos
FX:XAGUSD
by pantheo