When the world starts to move into the precious metals to protect wealth, silver will be the better investment over gold. Why? I will explain in a minute. However, the question that I receive the most from my followers and subscribers is, “What percentage of precious metals holdings should be…
How silver trades over the next week will set a significant trend for the next month. A close above the key level means silver continues to consolidate, and a close above could set up another move towards $30. Since silver reached $30 a few weeks ago, it has been consolidating,…
Something quite interesting took place in the silver market that hasn’t happened in 40 years. A key silver indicator that has remained in a normal range has smashed right through it over the past several months. This could signal that there is something seriously wrong with the financial markets…
While the indicators last week suggested a higher silver price this week, it looks like the overdue correction has finally begun. We shouldn’t be surprised to see a correction in the silver price as it doubled in less than three months. However, it does seem as if the corrections are…
There is growing evidence that the rapid rise in the silver price is due to physical buying, not paper speculating. We can see this in the falling Commercial net short position trend as the silver price continues to rise. Typically in the past, when the silver price enjoyed a price…
After silver fell nearly $2.50 from its highs in Asian trading last night, it bounced right off its important $27.50 level, twice this morning. It will be interesting to see where the silver price rests and the end of the day. This morning on my SRSrocco Report Twitter Feed, I…