The Freedom Through Silver

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The Freedom Through Silver

There are many benefits of owning physical Silver. We mentioned in prior chartbooks various benefits for Silver as a wealth preservation method. Another field of assurance is the protection of your privacy through untraceable transactions. What is mentioned less is the independence from the grid. We got used to the conveniences of the modern world, but imagine a scenario where you simply out of electricity. Just the loss of your smartphone can be a dilemma. A step further being that the dependency on a computer should not have that much power you not being able to purchase groceries or gasoline. The freedom through Silver.

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Q3 2020 hedge fund letters, conferences and more

What we mean to say is that in case of hyperinflation where cash renders its value, Gold and Bitcoin might not be enough of a hedge.

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Silver, Daily Chart, Last weeks high probability assumption held true:

Freedom Silver

Silver in US Dollar, daily chart as of December 11th, 2020

We posted the above daily chart in last week’s Silver chartbook publication. In addition we guided this anticipated price move manifesting, through our “Silver daily calls” with real-time entries posted in our free Telegram channel.


SLV

 


Silver, Daily Chart, A Week Later:

Freedom Silver

Silver in US Dollar, daily chart as of December 17th, 2020

The market kindly moved as planned. A gentle dip of price shortly after the publication of the chartbook into the extremely low-risk entry zone (support) allowed for core position establishment. Followed by partial profit-taking based on our quad exit strategy to eliminate risk. Allowing (in addition to reload positions) for remainder position size to possibly see higher price levels for further targets.

A conservative method for position building and consistent profit-taking.

Silver, Weekly Chart, Clean Chart:

Freedom Silver

Silver in US Dollar, weekly chart as of December 18th, 2020

Stepping away from the noise of smaller time frames and exploring the larger picture, we can see that Silver is trading very clean and precise. As volatile as this instrument is trading on intraday charts it is due to its high liquidity one to be relied on through thorough technical analysis.

A closer look at the weekly time frame reveals a steep move up starting in March this year. For a stunning 156 percentage gain. From the high price retraced to the 0.618 Fibonacci level to build there a eleven-week wide double bottom. This marked the bottom of a bull flag which two weeks later broke through its upper resistance line.

Most importantly is the volume analysis of this entire move, which substantiates the newfound support. It is precisely in the middle of the sideways trading zone between US$26 and US$22, at US$24.14. Consequently, we find this to be the most likely bounce point for the next retracement. A low-risk entry point in case you are not positioned just yet. With this precision trading in the present and past, projections into the future become higher probable. “A=B” is as such our next major target point identified. We took the liberty to point out assumed resistance points along the way until we reach this target. Silver prices for possible partial profit-taking in assumed distribution zones.

The larger time frame shows a high probability of this last turning point one to be counted on. This warrants for a physical silver acquisition that has a good chance to in time provide for the mentioned conveniences and freedom of being independent. Consequently, there is also a strong likelihood to add to your wealth preservation a degree of wealth growth.

The Freedom Through Silver:

What represents the most power of a commodity barter is its accessibility when you need it and the independence within limiting circumstances. With a possibility of rising princes per ounce for precious metals, Gold will be even in small denominations not ideal for smaller transactions. Consequently, Silver takes over a major role. In times where governments can control the internet and natural disasters or cyberattacks can wipe out electricity supplies for lengthy periods, holding physical Silver seems a no-brainer for diversified wealth preservation and day-to-day liberties.

We post real time entries and exits for the silver market in our free Telegram channel.

If you like to get regular updates on our gold model, precious metals and cryptocurrencies you can subscribe to our free newsletter.


Article By Korbinian Koller

About the Author: Korbinian Koller

Outstanding abstract reasoning ability and ability to think creatively and originally has led over the last 25 years to extract new principles and a unique way to view the markets resulting in a multitude of various time frame systems, generating high hit rates and outstanding risk reward ratios. Over 20 years of coaching traders with heart & passion, assessing complex situations, troubleshoot and solve problems principle based has led to experience and a professional history of success. Skilled natural teacher and exceptional developer of talent. Avid learner guided by a plan with ability to suppress ego and empower students to share ideas and best practices and to apply principle-based technical/conceptual knowledge to maximize efficiency. 25+ year execution experience (50.000+ trades executed) Trading multiple personal accounts (long and short-and combinations of the two). Amazing market feel complementing mechanical systems discipline for precise and extreme low risk entries while objectively seeing the whole picture. Ability to notice and separate emotional responses from the decision-making process and to stand outside oneself and one’s concerns about images in order to function in terms of larger objectives. Developed exit strategies that compensate both for maximizing profits and psychological ease to allow for continuous flow throughout the whole trading day. In depth knowledge of money management strategies with the experience of multiple 6 sigma events in various markets (futures, stocks, commodities, currencies, bonds) embedded in extreme low risk statistical probability models with smooth equity curves and extensive risk management as well as extensive disaster risk allow for my natural capacity for risk-taking.

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Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

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