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ArturoL
Aug 31, 2023 1:50 PM

Silver is great Long

iShares Silver TrustArca

Description

This a long term strategy for the next couple of years. Silver is consolidating within this triangle since August 2020. Buying SLV ETF is like having silver bricks stored in a safe place. See it that way. You just don't sell silver, you accumulate it at every pull back. I may take less than a couple of years though bc the break out could be violent. I'm showing a SL just for reference but I would buy more if price drops that low (I don't think that will happen anytime soon). Check my previous post on silver down below.

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Good time to add if you have a long term view:

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This is doing great. We may see a pullback, I wouldn't short it, I would add:

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This is it:

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Price landing on a string demand zone. You may want to grab some more for long term holding:

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HL silver mining landing on monthly support:

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This is going well:

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