Global X Silver Miners (SIL-N)

(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.

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

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.

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

(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.

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.

Silver has strong positive seasonality from about the end of July through to about the middle of October of each year. Technically silver equities are already in gear and are actually outperforming silver itself. Silver and silver equities are very attractive at current prices.

(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.

This holds a basket of silver producers. Do not buy this before the end of this month, because the silver producers are going to be reporting horrendous 2^nd quarter results. Wait until the sector show signs of bottoming. This could be a very good trade from around the end of this month right through until around the beginning of October.

(Top Pick Dec 31’14, Up 13.61%) A reverse head and shoulders with a breakout late last week. Seasonally strong until the end of February. Hang in there. Not too late to get in.

Silver is going through a period of seasonal strength. It has 2 periods of seasonal strength. Usually from July right through until October of each year, but the greatest of all is from the beginning of December right through until the beginning of April. This has been trading in a range between $8.20 and $10.30 over the last 6 weeks. A break above that $10.30 level is where we are going to get the nice pop in the stock.