SLV - Significant Upside over next six months
Silver looks attractive. I was anticipating a three week test of the low, testing 17, but even with the Fed's remarks that aggressive interest rate hikes will continue, silver held its ground. Saw a piece yesterday on seasonality in precious metals prices. The author suggested that silver is seasonally strong from November through the end of February. The morning's market strength may indicate that it is expecting a weak jobs number. There seems to be strength across the board. Are we at peak interest rates?
Long term buyers might consider GOLD PAAS and other producers who are incorporating variable dividends into their work plans. A turn in metals prices can result in significantly higher dividend payouts.
Long term buyers might consider GOLD PAAS and other producers who are incorporating variable dividends into their work plans. A turn in metals prices can result in significantly higher dividend payouts.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.