Trading Strategies
Silver Retreats at the 50 Day Moving Average
After a strong 2 day move to the upside off the 200 day moving average, silver has run into some resistance at the 50 day moving average and pulled back. This shouldn’t come as a huge surprise to anyone and we discussed the likelihood that it would occur in yesterday’s discussion and market analysis. Even [...]
Silver Marches Higher on Inflation Risk
In a continuation of the rally that began yesterday, precious metals moved higher once again today. At the present time, the spot price is sitting just below the 50 day moving average which comes into play at the $38.24 level. After a strong rally that moved almost straight up off the 200 day moving average, [...]
An Income Generating Strategy for Silver Investors
Using the ProShares Ultra Silver ETF (AGQ) to Generate Income Most of us wouldn’t think of the commodity market as a place for generating income from our investments. In fact, most traders are accustomed to the direct opposite; having to pay interest on leveraged trading capital. While we may be content to look for attractive [...]
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