Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
Login Archives Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • AI Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    • Postcards
    ×
  • Subscribe
Enter stock ticker or keyword
×
Join 100,000+ Like-Minded Investors Today
Twitter
Tags: Silver

Technical Case to Buy Silver Getting More Compelling

By Jim Bach, Associate Editor, Money Morning • @JimBach22 • June 2, 2015

View Comments

Start the conversation

Leave a Reply Click here to cancel reply.

You must be logged in to post a comment.

buy silverWe have recommended that you buy silver at the current low levels for months.

Not necessarily because silver's due for a huge spike - although that case was made in our 2015 silver price forecast - but because if you buy silver in small allocations, it can act as insurance for your broader portfolio in case markets go south.

What may be hard for some investors to stomach, however, is that silver prices are highly volatile. In 2014, the spot price of silver swung between a closing high of $21.965 in February and a closing low of $15.315 in November - a 28.6% drop.

And even in 2015, the same volatility persists. Silver prices this year have been up as much 16.7% and down as much as 1.4%. They're currently up 6.5% on the year, closing yesterday (Monday) at $16.705 an ounce.

When looking at this silver price volatility, it's important to remember that you're not going to buy silver for the home run.

"I have physical silver," Money Morning Defense & Tech Specialist Michael A. Robinson said earlier this year. "I might have bought some at the top, but I don't care what the price goes to; I will not sell that physical silver. It's there for a reason - just like I have insurance on my car, I have insurance in case of a disaster."

But even if that's not enough to help you cope with the violent swings in silver prices this year, technical indicators are slowly aligning to make a compelling case for investors to buy silver.

Here's why...

Buy Silver Ahead of Favorable Technical Indicators

Silver is a much more thinly traded market than its sister metal, gold. There is also a lot of overlap in the profiles of traders who buy silver and gold.

Both metals serve as safe-haven assets. Say there's some geopolitical tensions abroad, or the markets panic - you are likely to see a lot of money pour into the gold markets. And residual precious metal interest will then find its way into silver as well.

Since trading volume for silver is much smaller, it tends to get a bigger boost than gold prices when these market events happen. But, similarly, when investors flee gold, silver will crash in a much more dramatic fashion.

Just look at the chart below...

Here Are 10 “One-Click” Ways to Earn 10% or Better on Your Money Every Quarter

Appreciation is great, but it’s possible to get even more out of the shares you own. A lot more: you can easily beat inflation and collect regular income to spare. There are no complicated trades to put on, no high-level options clearances necessary. In fact, you can do this with a couple of mouse clicks – passive income redefined. Click here for the report…

Claim My Free Report

Subscribe
Login
Notify of
guest

guest

13 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
Tom Nichols
Tom Nichols
8 years ago

I've been buying silver for two years (in smaller amounts). I cannot afford to go out and buy several "monster boxes" these days. As you can see I am committed to "survival". This implies that I believe in some kind of huge problem hitting America. That's right. I firmly believe the dollar cannot last under the given pressures. I have also spent the last two years (and ongoing) in a detailed study of the worldwide silver history and situation. I love silver and don't want anything to do with gold and other so-called precious metals. I'm developing a new interest in copper (to augment my silver for the future). Keep an open mind!Do something!

0
Reply
RICHARD
RICHARD
8 years ago
Reply to  Tom Nichols

King Dollar will continue to rise. Don't bet against the dollar. Silver would be a great investment if there is a currency crisis, but that is not going to happen. At least not for a long time.

0
Reply
M1yman
M1yman
8 years ago
Reply to  RICHARD

'King Dollar' has no clothes and has been wearing a brittle, rusty crown for some time now; there's not much integrity left within its structure, its collapse/death is inevitable in the near future and it cannot be stopped even IF the banksters have a change of heart and try desperately to save it.

Simply put, there's not much time left for the 'Kingdom of the Buck'……

0
Reply
H. Craig Bradley
H. Craig Bradley
8 years ago

SILVER COINS HAVE A PLEASANT RING TO THEM

I like silver and prefer U.S. Minted coins, pre-1964. They are 90% silver in content and reliable if not old coinage. In a crisis, old silver coins are more likely to meet with acceptance and confidence. You might even be able to use silver coins in exchange for necessities. Like to hear the jingle-jangle of silver coins.

It will take quite a financial or currency crisis to drive the public into precious metals and especially, silver coins. Until it does, most consumers and investors don't know what gold or silver even looks like. A whole generation has lived in an era of fiat paper money and debit/credit cards. They don't own any gold, or silver, for the most part either.

0
Reply
Ode Coyote
Ode Coyote
8 years ago
Reply to  H. Craig Bradley

Back in the 80s it was a common thing in Texas to see a gas station displaying a hand written sign: "1 gallon for a silver dime" Gas was about $1 a gallon. Silver, about $10 an ounce.

0
Reply
Bobb Lawrence
Bobb Lawrence
8 years ago
Reply to  H. Craig Bradley

Yes it is true that many folks in the economy today are not familiar with silver and the market for it. For that reason, any new demand from this potential market pool will take some time to become educated, so believing that this group of the uneducated can drive silver prices up fast would not be valid. ON the other hand, with the volume of it on the market being so low, any alert about price rises should result in some quick spikes. For now, I am of the mind to purchase and hold as some are suggesting, since I can see an "alert" not too far ahead on the tracks. Perhaps in the next handful of weeks. It seems like it can't hurt and dropping prices just does not seem a large risk.

0
Reply
John W. Sullivan
John W. Sullivan
8 years ago

I have also started recently buying gold and silver. I believe the spot price currently is somewhat of a mid way, neither up or down. Some say it's about to drop to US $700. or less, and others say it may go as high as $17,000.00 an ounce. We will definitely have some direction of it within the next few months. My feeling is that it will drop and then go ballistic. The problem with this, is the actual timing so that one can get it right and work within the system profitably.

0
Reply
John
John
8 years ago
Reply to  John W. Sullivan

If a bond market collapse, or currency reset, or severe stock market crash, or a major terrorist attack happens – depreciation of assets priced in us dollars will fall – hence the Gold $700 amount. Gold is a storehouse of value. As talk and preliminary action of IMF/World Bank SDR bailout to nations proceeds then Gold could go to $17,000. The SDR is a new fiat money scheme (NWO) with a basket of currencies including Gold to keep the game going.

Gold is a long-term insurance NOT an investment to maintain purchasing power. Most suggest 10 -15% of net worth is a safe allocation percentage.

0
Reply
Benjamin Jaggers
Benjamin Jaggers
8 years ago

Each time I read your articles a tiny dot appears on my screen. This never appears
on any other article. Are you monitoring my reading activities? Doesn't make me
nervous, just assume you are doing it for marketing purposes. Please let me know.
If you are not doing it, you need to know that someone is monitoring your site.
Thank you.

Ben Jaggers

0
Reply
David Zeiler
David Zeiler
8 years ago
Reply to  Benjamin Jaggers

Ben,

It's nothing we're doing. In fact, I have never seen this phenomenon. But we'll look into it.

-Dave Zeiler, Associate Editor, Money Morning

0
Reply
erdal yazgaç
erdal yazgaç
8 years ago

I noticed the same dot . One may ignore iit thinking it is dirt from a fly . Great attention Ben .

0
Reply
RICHARD SWEIGART
RICHARD SWEIGART
8 years ago

IF A CAPSIZE IS DONE THERES ONE THINGS AMERICANS DO THE BEST THAT BOND IN TIME OF NEED ..BUY METALS SILVER A GOOD INVESTMENT SO IS AMERICAN BONDS BECAUSE WHEN THIS OVER AS HISTORY REPEATS AMERICA WILL PRESERVE BECAUSE FREEDOM IS MORE THEN VALUABLE THEN REST BESIDES LOVE AND LOYALTY & IN THIS REASON PRICE DEMAND IS SOLID AND IT REAL MONEY THAT ALL 100% AMERICANS CAN BUY INTO….BUY SILVER

0
Reply
Ron Williams
Ron Williams
8 years ago

Once I have silver coins how do I exchange the for the currency of the day?

0
Reply


Latest News

September 26, 2023 • By Garrett Baldwin

I Think We Are Married Last Time I Checked

September 25, 2023 • By Tom Gentile

This Little-Known Secret Can Help You Perfectly Time Your Next Trade

September 25, 2023 • By Shah Gilani

earnings
This Stock Is Yielding Over Double the Inflation Rate Right Now
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Penny Hawk Midday Momentum
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Quantum Data Profits Flashpoint Trader Darknet Alpha Accelerators Brutus Alerts Resource Traders Alliance L.A.U.N.C.H. Investor Rob Roy Trader Long-Term Equity Profits

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell or Share My Personal Information

wpDiscuz