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konhow
Apr 4, 2024 5:18 PM

Silver is Next to Rally After Gold  Long

Silver FuturesCOMEX

Description

Whenever gold prices are trending higher, it hints at trouble ahead. Historically, silver always catches up later. During past crises, when this happens, this “silver shift” is very fast and furious. Its magnitude for silver is much greater than that of gold.

Video discussion:

1. One key reason why silver is lagging behind for the time being
2. Why Gold and Silver always move in tandem over the long-term?
3. Is there a bond crisis ahead?

Gold Futures & Options
Ticker: CG
Minimum fluctuation:
0.10 per troy ounce = $10.00

Silver Futures & Options
Ticker: SI
Minimum fluctuation:
0.005 per troy ounce = $25.00

Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.

CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
Comments
claytontowns500
Good historical context on gold and silver being 'Real' money before they started to dilute it. I had no idea silver was that much heavier than gold though; or by ounce it takes more silver to hit $10,000. I wanna learn a micro futures contract from top to bottom and start day trading more often. I've been hit or miss with some micro indexes (MES, M2k) in the past, but I've gotta start trading more consistently. My plan is to beef up my account trading micros and then move up to the larger minis, then maybe the standard contracts. Your analysis is definitely helping me zero in. I see that you normally use longer term charts and intermarket correlations. I also notice that you don't junk up your charts with 100 indicators either. For futures I'm with TD Ameritrade, and our big move to Schwab is this weekend. I'll have to wait until Monday the 13th to see how cool everything is after the dust settles over this conversion weekend. I need to start logging in there (not just TradingView) and studying charts daily.
jds111312
I knew silver came after but I don’t realize it was such a larger return!
konhow
@jds111312, This is what this community is all about, we share ideas.
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