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

(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.

He's been selling gold to buy silver, because has a lot of catching up to gold. The difference is huge. The chart has broken out recently.

(Note the short timeframe.)  Probably the best way to play the miners for a catchup trade in silver.

ETF of silver miners. If you're bullish on AI, you have to be bullish on how AI happens. Silver is both a precious metal and a consumable industrial metal. Solar panels, electronics, data centres. Supply is tight following years of underinvestment in mining. More volatile than gold, and even than stocks at times, as it responds to the business cycle.

Silver's had a big run. Pace yourself. Wait for pullbacks to add.