Will Silver’s (SLV) Recent Price Rise Be Short-Lived?

silver investing
Written by Mike Hammer

There’s no doubt silver (SLV) has been on a tear lately, rising 5.6% in the last 5 days. This has led some followers to salivate while others wonder if the end is near.

Yes, silver could climb higher from here, but it never hurts to have your defensive game plan ready. Your friendly Gold Enthusiast thinks we might have a pause soon, so recommends you read today’s featured article so you know what to watch for.

Continue reading at LiveTradingNews.com

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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  • For me, the bottom line is where gold is going. As gold continues to rise (for all of the right reasons), it drags silver up too. When gold takes a break, so will silver. Forget short term and look at the big picture.

  • The linked article’s web page seems to be having troubles – it’s working about half the time I try it. Give it a minute to load and it should work… I hope.
    Sorry for the inconvenience!