timwest

Why isn't SILVER rallying

BATS:SLV   iShares Silver Trust
WHY CAN'T SILVER RALLY???

Statements:
1. No one has any money
2. People are buying something else
3. People have changed their beliefs

Responses to statements:
1. Recessions do weaken "excess funds"
to speculate on stocks and commodities.
2. People are buying T-Bonds instead.
3. People are buying the idea that DEFLATION
is in the future instead of inflation.

STRATEGY:

Go long SLV here:
Stop loss 27 initially.

The market can rise
sharply on the hint
or the idea that a new
QE (Quantitative Easing)
will be launched. But
EXIT on that reality.

Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
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