HBP Comex Silver ETF (HUZ-T)

(A Top Pick Dec 19/17, Up 1.44%) Silver is a precious AND an industrial metal so gets two benefits seasonally. He exited this position because he saw weakness.

Silver has presented itself as an excellent opportunity in the last few years. We’ve seen gold and silver go down in the month of December and it’s presented a really good value opportunity in the end of December. The seasonal period is from January 1st to March 31st for silver and the sweet spot is really in January into the beginning of February, so good seasonal trade. Technicals are setting up very similarly. We’ve seen the correction come down and we’re starting to see a bit of an uptick in silver.

(A Top Pick July 23/15. Up 0.11%.) The silver trade this year has come into a period of seasonal strength from around the beginning of July and goes through to the end of September. This year the trade has not worked that well.

Silver normally bottoms right around this time of year. The sector has a tendency to recover very strongly right through until around the beginning of October. It has another period of seasonal strength from around the end of December right through until February each year. Technically, 3 weeks ago, silver was trading at $14.62 per ounce. Gold was $1140. Since that time, silver is at the same price as it was 3 weeks ago, while the price of gold has gone down from $1140 to about $75 per ounce. This means silver is already starting to show seasonality coming into effect. The other factor is if the US$ starts to weaken, which it has started to do, that will be positive for both gold and silver.

(A Top Pick Feb 12/14. Up 4.41%.) Sold his holdings at $13.36. About a 6% return in a 2 month period. Seasonality for silver is from the middle of December right through until the end of February.

Silver for the last little while has been forming a gorgeous little pattern. If silver gets above the $20.50 level, then we are off to the races for silver. Looks like we could see a nice little bump in silver right until March of this year.