We had discussed that we some cracks in the potential foundation for Silver (SLV) recently (Read that article) . At the time, the metal was trading at $41.55 and there were a few defined points where there would possibly be another serious drop if price support was breached.
Here is what...
Yes, going at shorting Silver (SLV) again. We have stayed away as there has been an erratic behavior over the last month or so. But, this metal has been quite interesting as there have been several times that seemingly out of nowhere it drops and then recovers...
For the past month or so, there has been a decidedly bearish trend for silver. Not only did the CME jump-start the process when they raised the margin and initial balance requirements last month, but even with the recent weakness in the U.S. dollar, silver isn‘t being bought with any...
If you have been following our commentary on Silver, you know that we believe it has been trading in a very solid technical manner. Support points have been both Fibonacci retracement levels as well as the 50 and 100 day moving averages.
More importantly, the recent moves to curtail speculation by...
Silver (SLV) has been on a wild ride. The commodity has seen daily ranges of 5%-7% since the CME began its recent margin and maintenance adjustments. Since the high, silver is down more than 30% or so…and that is just in 2-weeks time.
We have been utilizing leveraged ETFs for client...
