Don Vialoux Global X Silver Miners SIL-N TOP PICK Aug 05, 2016

(A Top Pick July 23/15. Down 3.81%.) This has been a disappointment, because typically we get seasonal strength for the silver equities during this time. If there is any kind of strength between now and the end of the month, that will be an opportunity to take your position off.

How to Play Silver. There are three different ways to play: Seniors (SLVP-N), Juniors (SILJ-N) or the metal, SIL-N. He would buy SIL-N on dips. But if the US$ gets stronger in the interim, then it would mitigate some of your gains.

(A top pick Aug 5/16. Down 23.72%.) He had told people at the end of September that you no longer want to be in these securities any longer.

This has strong seasonality from the middle of December through to about the end of February.

A bit of a laggard, and then it broke out. You just can't argue with a good old-fashioned breakout. Lots of upside on silver, because there's lots of upside on gold, because there's lots of upside on all the commodities. In a new commodity mega-cycle, mainly due to increasing power draw needed for AI, EVs, data storage, and similar trends.

(Note the short timeframe.) Still likes silver. For someone looking for a trade, still a good place to buy with lots of upside.

Looking at the 3-year chart, it has broken down. But there's a pretty good level of support coming in. Plus fundamental reasons for owning silver -- could be a good inflation or currency hedge. Not a bad position to take advantage of the old resistance / new support level.

(Note the short timeframe.)  Thinks it will go to old highs. He's been buying the producers. A better trade than gold right now, as gold's a bit overdone.