Metals

Silver Will Be The Best Performing Asset Of 2015

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by Dave Kranzler, Investment Research Dynamics:

Silver has carved out a cyclical bottom formation and appears to in a solid uptrend.  There is massive physical demand supporting this move.  For the last three-plus years, the precious metals market has been in a trading pattern in which you were supposed to sell the rallies.  Now silver – and the rest of the sector – appears to be in a pattern in which all dips should be bought/accumulated.

SLV moved from a $14.66 in early November to $17.61 on Jan. 20, 2015. This is a 20.5% move in a little over 10 weeks.  Stock market heroin addicts would kill for a move like that in that short of a period.  I wrote and article for Seeking Alpha in which I show a great chart of SLV and discuss why I believe that silver will be the best performing asset of 2015.  You can read that article here:   Silver Is The Place To Be In 2015.

The best way to take advantage of the next big bull move in the precious metals sector is to buy the higher quality junior mining stocks that have beaten into oblivious by the 3-year+ sell-off in this sector.   My best pure silver mining stock idea is an emerging producer that began producing silver last year, is free cash flow positive and if profitable down to $12/oz. Every penny of revenue over and above $12 falls straight to the bottom line.

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