Silver Rally: For Real This Time? - PowerPoint PPT Presentation

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Silver Rally: For Real This Time?

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Precious metals investors are watching this silver rally with a close eye. Is this upturn for real? – PowerPoint PPT presentation

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Title: Silver Rally: For Real This Time?


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Commodity Trading Research
Silver Rally For Real This Time?
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Welcome to Commodity Trading Research Your
premier site for fundamental and technical
analysis for profitable Commodity Trading. For
more info on Commodity Trading Research visit our
website www.CommodityTradingResearch.com
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  • Get Your Free Report On The 3 BEST Commodity
    Stocks for 2016!
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  • Special Offer
  • at the end of the video!

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  • Hi, My name is Justin and Im with Commodity
    Trading Research, today were reviewing our
    recently published article

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  • Silver Rally For Real This Time?

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  • Believe it or not, the past few days have been
    rather kind to silver market bulls. After an
    abysmal summer of trading under 15 an ounce, the
    lustrous metal has advanced 10 since October
    2nd,

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  • closing just shy of 16 in yesterdays trading
    session. Heres a chart

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  • As you can see, silver has rocketed off
    multi-year lows the past few days.Months of
    choppy, sideways trading action has given way to
    a rally reminiscent of the metals glory days of
    2011.

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  • Whats sendingsilver galloping to higher ground?

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  • Some of the recent rally has to do with the
    Federal Reserves recent decision to forgo
    raising interest rates. With global economic
    growth becoming decidedly less certain, the US
    Central Bank may be

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  • backtracking on their plan to bring rates off 0
    for the first time in six years. Heres the deal

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  • Their mid-September decision, or lack thereof,
    has some analysts asserting theyll never raise
    rates at all. In fact, a number of fringe
    analysts foresee the Fed implementing another
    round of quantitative easing (QE) in 2016.

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  • While I dont embrace this conspiratorial
    viewpoint just yet, theres a rather compelling
    argument to be made in its favor. But I digress.
    Lets save this captivating idea for another day.

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  • Now, despite the assertions of the QE forever
    crowd, heres whats really responsible for the
    recent silver upturn

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  • As you can see from this long-term chart, the
    price of silver has finally dropped to the
    200-month moving average (red line). This
    important line of technical support has silver
    buyers entering the market, pushing prices higher.

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  • Of course, that brings up a couple of essential
    questions Will the 200-month moving average
    provide a price floor for silver- possibly
    sending it above 20 an ounce in the near future?

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  • Or will bears eventually retake the market,
    sending the metal toward 10 an ounce? Lets look
    to another chart for some answers

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  • If (and thats a BIG IF) silver can surpass the
    200-day moving average (red line) and the
    technical downtrend (green line) from the 2015
    swing highs, then Ill get excited about
    additional upside.

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  • But until then, its best to stick to the
    sidelines, or even short rallies in the metal.

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  • How do you capitalize on the situation?

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  • Silver ETFs offer investors an incredibly easy
    and efficient means to trade the silver market,
    without the need for a complicated futures
    account.

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