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SLV

The case for QUAD-digit silverIs it so difficult to imagine silver going 10x over the next 3-4 years? That would put the price over 290 per oz. What about a 30-40x move to over 1000 per oz? I can make an easy case for triple & quadruple digit silver over the next decade just by looking at the silver : M2 money supply. The creation of our currency = inflation. While this inflation (expansion) tends to go into financial assets first, it will catch up with the real economy in time. I believe deflation is temporary and the lag that we're witnessing is similar to the count down before a rocket takes off. Take a look at the Federal Reserve's balance sheet. We have a problem and it's going to catch up with us quickly. Look at the chart below of SILVER:M2 to understand where silver price is in relation to M2 money supply and how historically cheap silver actually still is..
TVC:SILVERLong
by gghsusa
8
SLV Silver Trends with Gold RatioWhich trend can you follow "Daily" Price sometimes moves independently from 'time'. Look at trends and mark those in "Renko" bricks. Then use your candle charts to trade interday moves knowing the TREND! Watch the Gold/Silver ratio TRADING GUIDE use DAILY trends to plan buy/sell orders... GOLD-SILVER RATIO TREND GOLD AND SILVER TREND SIGNAL Gold-Silver Ratio Uptrend Gold and silver in Uptrend Buy Gold (this was the trend...) Gold-Silver Ratio Uptrend Gold and Silver in Downtrend Sell Silver (this may not happen in 2020?) Gold-Silver Ratio Downtrend Gold and Silver in Uptrend Buy Silver (we are here ...usually) Gold-Silver Ratio Downtrend Gold and Silver in Downtrend Sell Gold (add to positions if a short "pullback")
AMEX:SLVLong
by egillis214
THE WEEK AHEAD: NVDA, BABA EARNINGS; SLV, GDXJEARNINGS: NVDA (31/53/12.2%), announces Wednesday after market close. WMT (29/33/7.0%), announces Tuesday before market open. TGT (28/37/8.3%), announces Wednesday before market open. HD (19/35/7.2%), announces Tuesday before market open. BABA (43/45/10.5%), announces Thursday before market open. Pictured here is an NVDA September 18th 400/410/540/550 iron condor, paying 3.28 at the mid price as of Friday close, with the short option aspects camped out around the 19 delta -- very nearly one-third the width of the wings, but off hours pricing is showing wide here, so I'll have to recheck that setup for pricing during the New York session and more toward earnings, since the underlying is likely to move between now and then. Narrower Winged Alternative: September 18th 405/410/540/545 iron condor, paying 1.68. Although WMT, TGT, and HD also announce, you can see that they aren't paying a ton relative to their stock price, with the short straddle price paying 10% relative to the stock price kind of being my cut-off. Potential BABA trades: September 18th 220/230/285/295, paying 3.08. September 18th 225/230/285/290, paying 1.67. EXCHANGE-TRADED FUNDS (SCREENED FOR >35% 30-DAY IMPLIED AND FOR THE AT-THE-MONEY SHORT STRADDLE PAYING >10% OF THE STOCK PRICE): SLV (57/69/15.8%) GDX (20/46/11.0%) GDXJ (20/53/13.1%) XOP (10/46/10.8%) The most bang for your buying power effect dollar: SLV, where the September 18th 21/31 short strangle is paying nearly a buck (.98 at the mid price as of Friday close). Here, however, I'll probably lay off adding more September, since there's only 33 days left. And the October cycle is a bit longer than I'd like -- 61 days. BROAD MARKET: IWM (23/30/6.4%) QQQ (23/28/6.3%) EFA (16/19/4.3%) SPY (15/21/4.5%) Mighty thin at the moment, but it's been thinner. Here's what the 16 delta short strangles are paying in each* in the September cycle: IWM September 18th 142/169, 2.22 (1.4% relative to stock price) QQQ September 18th 247/291, 3.96 (1.4% relative to stock price) SPY September 18th 311/352, 3.80 (1.1% relative to stock price) * -- EFA strikes aren't granular enough from a delta standpoint to price out a clean 16-delta short strangle. IRA DIVVY-GENERATORS: IYR (19/24/5.5%) EWA (18/26/6.0%) EWZ (17/43/9.9%) HYG (17/14/2.6%) EFA (16/19/4.3%) XLU (16/20/4.8%) SPY (15/22/4.5%) TLT (14/17/3.6%) EMB (9/9/2.0%) EWZ (Current Yield 3.35%) still has some juice in it, followed by EWA (Yield 3.55%), and IYR (3.24%). In all likelihood, that first quarter volatility spoiled me for the year ... .
NASDAQ:NVDA
by NaughtyPines
SLV adhering to Fib levels, strongAs we can see on the 4 hour Fib SLV is playing nicely with it's expected levels. There's a gap to fill to 26.48 so as long as the metal keeps moving up, expect SLV to fill the gap relatively quickly and then move onward to the higher levels we've recently seen, and beyond. (see link for other chart) As for the sharp drop we had last Tuesday and it's near V recovery, this is a VERY CLEAR indication this was price manipulation to cover shorts by the big banks who are losing control of silver's price. Look at how quickly silver recovered from that drop. We're at the point to where the attempts to largely control the price is getting weaker and weaker due to the many factors driving silver up. Staying strong, not conceding/selling the dips, but rather seeing these dips as a gift of a buying opportunity is how I'm playing this, and it has paid off nicely. To see resistance levels above $26.48 please see link to chart published on Aug 5th as well as my last analysis on Aug 11th which provided guidance on support levels for the last dip which SLV consequently bounced from.
AMEX:SLVLong
by Fibonacci43