Are You Losing Money In Silver?

When come to investing silver, are you making money from silver or are you losing money in silver? Many people wish to make money from silver market but unfortunately most people are losing money. Sad, but it’s true.

Take a look at this chart:

This chart shows silver price is on downtrend since 28th April 2011 at $48.70 down to $26. If a silver investor has enter the market anytime in within this period, we could safely tell he is either not making money or losing money.

When this happens, most silver investors start to lose confidence in silver, some even give up on silver. They lose hope and probably thinking silver is not such a good deal after all. This is clearly observed in the market. When silver price is on the uptrend, more people are participating in forums, Facebook group pages, seminars, bullion dealers transaction etc. When silver price is on the downtrend, most the activities related to silver would slow down.

What these people didn’t realize is, when silver price is going towards a downtrend, it is a good time to buy more instead of running away!

Malaysia Silver Investor LIFETIME Membership

Someone asked me a question whether now is a good time to enter market. I don’t have a crystal ball and I cannot accurately forecast the future price, but I will give my personal opinion anyway. This is something I previously shared with the members in my VIP Lifetime Membership page:

There are several very strong resistance, and support level for silver for the past 2 years. The numbers that we are looking at right now are $26 and $34. Since the price is around $27 these few weeks, I will tell you more about $26 support level.

$26 has been tested for several times this year. Once it hit $26, it is a dangerous sign because once it is broken, it will potentially go down to $18-$17. Again, $26 is a strong support. I see $26 as a bottom price. For now it is quiet unlikely to go down to lower than $26. Silver will be traded within the range of $26 – $34 in the short to medium term.

Today price is about $27, it is very near to the support level (the bottom $26), so to answer your question, yes, it is a good time to enter the market now.

One of the reasons why I’m being positive about this is because of the trend we are at. We are clearly at the end of consolidation since the peak in April 2011.

If silver price break support at $26, it will be supported at $17-$18. We would need another 6-12 months for silver price to climb back up. The good news is, if silver price doesn’t break $26, silver price will potentially go up to $50 or even $60 by end of 2012.

If you want to receive a solid education for investing in silver, I suggest you take a look at my book (Practical Guide For Investing Silver in Malaysia) which I have spent months and months to prepare it and months and months to update it to ensure you will receive the most updated information.

Gold Silver Ratio Exceed 50, So…

Gold Silver Ratio is one of the main indicators to determine the value of gold and silver. Gold Silver Ratio basically means how many oz of silver it takes to exchange for on oz of gold. The calculation can be done by dividing gold price with silver price. For example, if gold price is $30 and silver price is $3, the calculation will be 30 / 3 = 10. The Gold Silver ratio will be 10.

Right now, gold price is $1598.40 and silver price is $27.44. That would make Gold Silver Ratio as 58.25.

Gold Silver Ratio mainly fluctuate between 50 to 55 for the past 6 months. Recently Gold Silver Ratio hit 59 and is obviously approaching 60. It is time to give a more serious thought into Gold Silver Ratio when we invest in silver. This is how Gold Silver Ratio looks for the past 6 months.

Looking at the 6 months chart, Gold Silver Ratio is on the uptrend.

In fact, if we look at the following 1 year Gold Silver Ratio chart, it has broken the 2 major resistances at 54 and 58 respectively. Which further proves the point that Gold Silver Ratio is on uptrend.

Okay, it’s on uptrend, but so what? What does it mean to investors?

If you plan to exchange your gold for silver right now, think again. Reason is simply because Gold Silver Ratio is on uptrend. 1 oz of gold might change you 58 oz of silver now. If you are willing to hold on a little longer, 1 oz of gold might change you 68 oz of silver in the next 6 months.

Gold Silver Ratio can only go up base on the following 2 variables:

  1. Gold price goes up faster than silver
  2. Silver price drops faster than gold

$26 is a very strong support for silver price. Recently, the market has been testing it several times and luckily it has not been broken. Once it is broken, the next support we are looking at is $18. In the Malaysia Silver Investor Membership Site I did talk about how we should invest accordingly base on the price changes:

 In the eBook Practical Guide For Investing Silver In Malaysia, it discusses the exit strategy using Gold Silver Ratio. In the membership site, I do give frequent updates and I would personally answer ALL questions being asked. This is the best education for silver investment in Malaysia. When comes to investment, the best advice I have personally received is “If you think education is expensive, try ignorance“.

Until next time, good luck with your silver investment and I will update you more in the membership site.

Why I Think Silver Price Will Move Up Soon

Silver price has been bearish (dropping) for more than 2 months since late February 2012. I have posted several post before this that suggest silver price might move up before this such as:

  1. Flag Pattern
  2. Head and Shoulders
  3. Silver Price 1970

and few others…

The fact is I didn’t know for sure. If last Friday, silver price has fallen $26 support, very bad thing could happen to silver price as it could drop to support as low as $17 or $18 to find the next strong support. Some investors wish for it to drop to that low so that they can buy more. For short term, it’s true that the investors might be able to buy cheaper; but as for long term view, it is not a good sign as it could take a very very long time before price climb back to $30 level. If price has dropped below $26 last Friday, anyone who went in market in the last 2 years would get burned – the only variation is, how severe.

Since price has re-bounced to $28, that would make all my previous forecast seems correct again. Today, I’m making another forecast as I spotted another similar pattern in 2007. As you can there are Point A to Point F, right after Point F, silver price shot up high

A similar pattern is detected in silver price now…

The similar Point A to Point F can be found in today silver price, if we are already in Point F (this is very likely because we survived support at $26), very soon silver price will re-bounce and rise drastically.

I’m in the process of writing my new eBook, the last version of the eBook was released in February and I only opened to limited amount of download (100 copies). Due to popular demand, I am planning to work on the 2nd Edition of the eBook. I’m updating the information and added a lot more good stuff into it. Stay tuned in my blog and you will see the update soon. Alternatively if you do not want to miss anything, please subscribe here so that I can update you from time to time about my progress.

Have a nice week ahead!

 

2 Months Cycle

Few days back in my previous posting, I mentioned now is a good time to buy some silver. Today, I will show you another reason why you should buy silver now.

Looking at the following chart, there is a 2-months cycle happening in the trend. Since November 2011, market comes down for 2 months (until January), up for 2 months (until March), and down again for 2 months (until May). Right now, we are at the end of the last cycle which is start in March. If the trend continues, we can expect a change of direction in silver price.

Together with the head and shoulder pattern. now is a good time to buy some silver.

If you are interested to learn more about technical analysis and forecast the movement of price, please consider reading this book written by Ikram Adi where he explains one simple and effective formula to forecast silver price movement. Click here to download

Until next time, happy investing silver in Malaysia!

 

Head And Shoulders

Head-and-shoulders” pattern is one of the most reliable trend-reversal patterns.

This is a typical head-and-shoulders pattern that we can see where there are 2 shoulders and a head. There is a neckline that joins them together. The green dotted line length and blue dotted line length are the same length. Base on this length, the we can target (or forecast) where to trend will stop at.

Now if we flip over the chart, we can see an inverted “head-and-shoulders” pattern.

This is the exact opposite of the previous chart. In the earlier chart, the movement is towards down trend and this chart is towards up trend. Again, I want to stress that the green color line length and blue color line length are the same length for us to forecast the price movement.

The reason I’m showing this today is because there is a similar pattern happening in silver price chart:

 

Looking at the chart and refer to the inverted “head-and-shoulders” pattern, it is suggesting the price might hit the target price which is $ 46 by end of this year. However do note that $ 44 is a resistance that might stop silver price from going there. Well, regardless whether it is hitting  $ 46 or $ 44, there is still much more room for silver price to go up in current short to medium term.

If you are interested to learn more about technical analysis and forecast the movement of price, please consider reading this book written by Ikram Adi where he explains one simple and effective formula to forecast silver price movement. Click here to download

Until next time, happy investing silver in Malaysia!

David Morgan Precious Metals Conference

http://www.youtube.com/watch?v=dDc3PeqAqr8&feature=player_detailpage

There are many people said that the silver spike toward $50 last year was the peak for the silver market. Don’t be fooled, we heard the same thing in 2008 after silver had hit the $21+ level and during the depths of the financial crash silver sold near the $9 level. While many were being pessimistic, silver expert David Morgan said: Buy! Buy! Buy!

And buy some more! When gold price dropped silver was at the buy of a lifetime…it’s silver investing that could make you rich! One of the most fundamental lesson from David Morgan is “If there is only one thing to teach you about the upcoming silver bull market it is this – 90% of the move comes in the last 10% of the time!

To prove the point, I have use a 10 year chart from 2002 until 2011. The biggest increase of silver price happened from $16 until $50. The period for that price increase is merely 1 year plus from 2010 to 2011. If you are wondering why silver price is not rising, hold on there. When the time is right, silver price will rise so fast that you cannot believe you see with your eyes. Again, 90% of the move comes in the last 10% of the time!

By the way, if you are interested to learn a good strategy for silver investment and learning how take advantage of the price fluctuation, Ikram Adi has an eBook that teaches investors in Malaysia how to maximize your profit from silver investment. There is a free case study come together with his eBook, from that case study, he will demonstrate his formula and how he could take advantage from the silver price fluctuation. If are seriously about silver investment and have not read his eBook, I highly recommend you to download now. He will show you some tricks on how to identify the correct time and price to buy and to sell silver. This strategy alone has helped many people (including me) to save and to make a lot of money.

This is a global physical silver rush. Not just in Malaysia. This time is the biggest wealth transfer in human history. It will not be about being a smart real estate investor, or understanding that technology is leading the growth cycle, or the Japanese have a more efficient system. It will be about – FEAR.

How often you hear about people not having enough money in their KWSP / EPF? How many of you worry that there is no enough money in your KWSP / EPF? I do. This is the kind of fear that will cause the global middle class (of course including Malaysians) to rush into silver, which bring physical silver price to unimaginably high. This will be a snow ball effect, when the public start rushing into silver and everyone is buying silver, the price will increase so fast that everyone else would start buying silver.

Until next time, be careful and happy investing in silver!

Harga Silver 1970

Menurut Wikipedia, analisis teknikal adalah analisis bagi meramal arah tuju harga melalui kajian data pasaran yang lepas. Pada minggu lepas, saya berbincang harga silver yang terperangkap di dalam corak bendera. Saya menggunakan data sejarah gold untuk meramalkan arah tuju harga silver. Jika anda belum baca penulisan itu, saya mencadangkan anda membacakan.

Minggu ini kita akan melihat sejarah pergerakan harga silver yang menarik ini bagi meramalkan pergerakan harga silver dalam 2012. Kita akan kembali kepada sejarah pada tahun 1968 hingga 1973. Perhatikan saya telah melukis 13 point dalam tempoh ini untuk melambangkan corak naik dan turun. Selepas point ke-13, harga silver melonjak.

Kini pada tahun 2012. Saya mendapati corak yang agak sama dalam harga silver untuk 1 tahun yang lalu.

Perhatikan 2 carta dengan teliti. Kedua-dua carta amat serupa. Adakah kami sudah berada di point ke-13? Jika ya, adakah ini bermakna harga silver akan melonjat pada bila-bila masa dari sekarang? Itu adalah untuk kamu untuk menjawab!

Adi Ikram adalah rakan saya yang amat mahir dalam ramalan harga silver. Beliau mempunyai teknik special dan mudah untuk menentukan bila adalah masa yang baik (dan bila adalah masa “kurang baik”) untuk membeli perak. Ini adalah apa yang beliau katakan sebelum harga silver turun sebanyak 30% pada bulan Mei 2011. Beliau meramalkan harga silver jatuh 30% dan ramalannya menjadi kenyataan. Beliau juga meramalkan harga silver akan kembali di antara $ 30 hingga $ 34. Hakikatnya, harga kembali pada $ 32.40. Sekali lagi, ramalan beliau tepat. Agak menakjubkan Ikram ini kan?

Selepas saya membaca eBook beliau, saya menyedari bahawa beliau adalah seorang pelabur yang sangat berpengetahuan. Saya mengesyorkan anda membaca ebook beliau.

Sekiranya anda ingin mempelajari pelaburan perak secara mendalam, Ikram Adi telah berkongsi Strategi Pelaburan Silver Yang Membolehkan Beliau Membeli Silver Dengan DISKAUN 79%. Anda boleh muat turun eBook 18 muka secara PERCUMA.

Harap anda telah menikmati posting minggu ini. Selamat melabur silver!