My Holiday Gift to You #3: Silver Chart

I’ve got to be honest with you: I took a look at my calendar and could hardly believe that we’re already more than half-way through January!

The fact is, since I began telling you about this free chart series for you — called the “My Gift to You” series — way back in December, the time has simply flown by.

But as I’m sure you can guess, as much as I loved the holidays and spending time with family and friends in Thailand, I couldn’t tear myself away from the markets.

In fact, I probably spent a bit too much time drilling down into the assets I cover … and frankly love to watch. That includes metals, miners, commodities, stocks. You name it.

And from my point of view, 2017 is going to be loaded with opportunities like I’ve honestly never seen before.

Big opportunities. But also, big risks.

That’s why my members know, not only what investments to make … But when and how to make them.

And in the end, that can be even more important.

And don’t forget: This four-part gift series is coming to you free of charge. I don’t want anything for it. Not one red cent.

It’s just my way of showing my gratitude for you.

If you didn’t get a chance, take a look at the first two installments in the series: We began with my outlook for the dollar in the first week in January. And that was followed last week by my take on my favorite metal of all, gold.

Each chart gives you my AI (Artificial Intelligence) forecast, where I think the investment is headed, and what you can do about it. Plus, I give you some helpful commentary.

So, let’s get to it. This week’s chart focuses on one of my favorite metals: Silver.

Silver Chart



Click image for larger view

As this AI chart of silver shows, silver has been in a wild-and-woolly range. But it’s tracking the chart nicely. And while it’s underperformed gold, I don’t think that’s going to last for long.

In fact, I see a silver rally powering into early May.

In fact, over the longer term, silver may surprise even me and give gold a run for its money. And that’s especially true as new demand from technology sparks a second look at the metal.

As you know, I favor gold. It’s more stable. But it’s always a good idea to keep your eye on silver.

Stay tuned for my fourth chart coming next Friday.

Best wishes, as always …

Larry

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Comments 30

  1. john herzberg January 20, 2017

    How important is silver in relation to electric cars.

    Reply

  2. John Kemp January 20, 2017

    Larry:

    Please advise your comments on the black number 1663.70 in your silver chart.
    I know that your readers would like to see a $ amount on your vertical line – are you able to provide that info?

    Reply

  3. john willis January 20, 2017

    Thanks Larry. I eagerly anticipate your brilliant analysis.

    Reply

  4. Dave S. January 20, 2017

    Larry, the silver chart (black line), ends on Jan 4 and so is out of date by about 16 days (today is the 20th). Had you provided us with an up-to-date chart of silver, we would have seen that rather than falling precipitously (starting Jan 9) as predicted by the green AI line, silver has gradually risen. So you have shown us only the portion of the silver chart in which its price appears to be tracking the AI chart, and omitted the portion where it does not.

    Reply

  5. Gordon wood January 20, 2017

    I really enjoy your insights and AI charts. I have my trucks ready to back for the filling since end of September per you recommendations. When will you may make a buy recommendation?

    Reply

  6. Bud Wood January 20, 2017

    I like silver because I have done O.K. with it. Perhaps silver will continue to perform. I’ll be counting on it.

    Reply

  7. Bud Wood January 20, 2017

    I like silver because I have done O.K. with it. Perhaps silver will continue to perform. I’ll be counting on it.

    Reply

  8. Bud Wood January 20, 2017

    I like silver because I have done O.K. with it. Perhaps silver will continue to perform. I’ll be counting on it.

    Reply

  9. BOB January 20, 2017

    WHERE IS THE PRICE SCALE, “Y” AXIS ??

    Reply

  10. BOB January 20, 2017

    WHERE IS THE PRICE SCALE, “Y” AXIS ??

    Reply

  11. BOB January 20, 2017

    WHERE IS THE PRICE SCALE, “Y” AXIS ??

    Reply

  12. Rodrigo Domingo January 20, 2017

    WHEN WILL I BUY SILVER ? ON MARCH

    Reply

  13. Rodrigo Domingo January 20, 2017

    WHEN WILL I BUY SILVER ? ON MARCH

    Reply

  14. Rodrigo Domingo January 20, 2017

    WHEN WILL I BUY SILVER ? ON MARCH

    Reply

  15. Foch Hiott January 20, 2017

    I deal in only sliver.

    Reply

  16. Foch Hiott January 20, 2017

    I deal in only sliver.

    Reply

  17. Foch Hiott January 20, 2017

    I deal in only sliver.

    Reply

  18. RC January 20, 2017

    Concerned about a US financial crash and cashless financial transactions.
    Different firms send out emails with different opinions about how to protect assets during a financial crash. Most say there is a financial crash coming in the next few years. Because of the Dodd Frank law, banks can now steal your money out of your bank account to pay the banks debts and give the customer a worthless IOU for bank stocks. When you deposit money into any bank account now, you are making an unsecured loan to that bank.
    The SEC is now requiring banks to convert stock account money market accounts over to US federated government obligated treasury money market accounts so the government can take your money straight out of your money market account to pay off government debt and give you an IOU for treasury bonds.
    Some say the Dollar may lose it status as the world reserve currency. If that happens, why would you sell Silver for Dollars?
    Some people are retired and living on Social Security and their life savings. If they have accumulated physical Gold, Silver and physical cash in US Dollars but it is not stored at home but instead stored in another safe storage place, how do they protect that gold, silver and cash from the bankers and government?
    If a crash happens in the next few years and silver goes up and If the dollar goes down in value, why should they sell their silver for dollars that has lost value? What else could they sell their silver for while the silver is higher but will eventually fall again?
    Now many governments are banning cash to move to all cashless financial transactions, including the US Government. If the US does this, what do we do with the Silver, Gold and Cash we have saved over many years to protect it from thief by bankers and the government?
    This is all very confusing. Any suggestions?

    Reply

  19. RC January 20, 2017

    Concerned about a US financial crash and cashless financial transactions.
    Different firms send out emails with different opinions about how to protect assets during a financial crash. Most say there is a financial crash coming in the next few years. Because of the Dodd Frank law, banks can now steal your money out of your bank account to pay the banks debts and give the customer a worthless IOU for bank stocks. When you deposit money into any bank account now, you are making an unsecured loan to that bank.
    The SEC is now requiring banks to convert stock account money market accounts over to US federated government obligated treasury money market accounts so the government can take your money straight out of your money market account to pay off government debt and give you an IOU for treasury bonds.
    Some say the Dollar may lose it status as the world reserve currency. If that happens, why would you sell Silver for Dollars?
    Some people are retired and living on Social Security and their life savings. If they have accumulated physical Gold, Silver and physical cash in US Dollars but it is not stored at home but instead stored in another safe storage place, how do they protect that gold, silver and cash from the bankers and government?
    If a crash happens in the next few years and silver goes up and If the dollar goes down in value, why should they sell their silver for dollars that has lost value? What else could they sell their silver for while the silver is higher but will eventually fall again?
    Now many governments are banning cash to move to all cashless financial transactions, including the US Government. If the US does this, what do we do with the Silver, Gold and Cash we have saved over many years to protect it from thief by bankers and the government?
    This is all very confusing. Any suggestions?

    Reply

  20. RC January 20, 2017

    Concerned about a US financial crash and cashless financial transactions.
    Different firms send out emails with different opinions about how to protect assets during a financial crash. Most say there is a financial crash coming in the next few years. Because of the Dodd Frank law, banks can now steal your money out of your bank account to pay the banks debts and give the customer a worthless IOU for bank stocks. When you deposit money into any bank account now, you are making an unsecured loan to that bank.
    The SEC is now requiring banks to convert stock account money market accounts over to US federated government obligated treasury money market accounts so the government can take your money straight out of your money market account to pay off government debt and give you an IOU for treasury bonds.
    Some say the Dollar may lose it status as the world reserve currency. If that happens, why would you sell Silver for Dollars?
    Some people are retired and living on Social Security and their life savings. If they have accumulated physical Gold, Silver and physical cash in US Dollars but it is not stored at home but instead stored in another safe storage place, how do they protect that gold, silver and cash from the bankers and government?
    If a crash happens in the next few years and silver goes up and If the dollar goes down in value, why should they sell their silver for dollars that has lost value? What else could they sell their silver for while the silver is higher but will eventually fall again?
    Now many governments are banning cash to move to all cashless financial transactions, including the US Government. If the US does this, what do we do with the Silver, Gold and Cash we have saved over many years to protect it from thief by bankers and the government?
    This is all very confusing. Any suggestions?

    Reply

  21. Jim January 21, 2017

    Are we finally gonna see mining stocks reach their true equilibrium. When we are buying and selling options should we put in a call option or a put option? Is SPDR Gold Vector the best long term investment option?

    Reply

  22. Jim January 21, 2017

    Are we finally gonna see mining stocks reach their true equilibrium. When we are buying and selling options should we put in a call option or a put option? Is SPDR Gold Vector the best long term investment option?

    Reply

  23. Jim January 21, 2017

    Are we finally gonna see mining stocks reach their true equilibrium. When we are buying and selling options should we put in a call option or a put option? Is SPDR Gold Vector the best long term investment option?

    Reply

  24. John Kemp January 21, 2017

    Larry: Please advise your comments on the black number 1663.70 in your silver chart. I know that your readers would like to see a $ amount on your vertical line – are you able to provide that info?

    Reply

  25. Timothy Arango January 22, 2017

    Thanks a million for the gift! May you and all of your family and staff have a great and prosperous New Year!
    Jer. 6.16a
    Luke 12

    Reply

  26. Timothy Arango January 22, 2017

    Thanks a million for the gift! May you and all of your family and staff have a great and prosperous New Year!
    Jer. 6.16a
    Luke 12

    Reply

  27. Timothy Arango January 22, 2017

    Thanks a million for the gift! May you and all of your family and staff have a great and prosperous New Year!
    Jer. 6.16a
    Luke 12

    Reply

  28. Lud Ziegelmair January 23, 2017

    Looking forward to receiving the “My gifts to you series” Thank you.

    Reply

  29. Lud Ziegelmair January 23, 2017

    Looking forward to receiving the “My gifts to you series” Thank you.

    Reply

  30. Lud Ziegelmair January 23, 2017

    Looking forward to receiving the “My gifts to you series” Thank you.

    Reply