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July 18, 2019 | Lock and Load with the Silver Bullet

Sean Brodrick

Sean is the natural resource analyst for Weiss Ratings. You can read his thoughts on gold, oil, cannabis, uranium and other natural resources at Wealth-Wave.com

Silver is surging. Are you positioned to ride the coming rally? If not, don’t waste another minute. The good news is there is still time to get onboard.

Gold and silver are heating up. Good silver miners and explorers will rise. Some will rise faster than others, as buyers come out of the woodwork and chase these stocks higher.

Will there be zigzags and pullbacks? Of course. But now, pullbacks can be bought with confidence.

Let me show you a bullish chart. This is flows into and out of physical silver Exchange-Traded Funds (ETFs).

 

This Bloomberg chart shows the daily changes to physical ETFs that hold silver. You can see that in late 2018 and early 2019, those funds were selling a LOT of silver.

There was another sell-off as recently as May. But now — NOW — the buyers are back and buying silver with both hands.

In fact, physical ETFs have added 28.3 million ounces of silver so far this year.

Sure, some of this activity is by funds. But the silver ETFs is where mom-and-pop investors get a piece of the action. To me, this shows broad-based support for the metal.

This is just one of the forces driving silver higher. Others include currency “wars” between major economies that drive down the value of paper money, negative real interest rates and a worsening global supply/demand gap.

So, if this is the time to get long in the silver space, what should you buy?

You can roll up your sleeves and do your own research. Or, you can subscribe to a newsletter like my Supercycle Investor. That has five gold and silver picks. They’re all up and ripping higher. I just sent subscribers a new pick, and I’ll be sending more. (Get a new member bonus if you join me today.)

Or, you can just do the easy thing and buy the Global X Silver Miners ETF (NYSE: SIL). You won’t outperform the silver mining industry. But it’s very likely you’ll outperform the broad market.

Because silver is surging. You want to get long or get ready to cry when you miss out.

All the best,
Sean

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July 18th, 2019

Posted In: Wealth Wave

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