ETFMG Prime Junior Silver Miners ETF (SILJ)

[Captainandy]

#SILJ: March is next Monday...:-} Go Pro Life


https://www.youtube.com/channel/UCihX2iReqwRs49UT82i-P3Q



https://youtu.be/xtNYMA5aWJc?t=84



https://twitter.com/WallStreetSLVR

[Pro-Life]

If the short squeeze on GameStop caused fireworks among a few hedge funds on Wall Street, we hate to think what a short squeeze on the global silver supply will look like as hedge funds wake up to the possibility that SLV "cannot acquire sufficient silver acceptable for delivery to the Trust".

[Captainandy]

#SILJ: HERE WE GO.... $34 SILVER NEXT STOP....
https://www.zerohedge.com/markets/silversqueeze-hits-london-slv-warns-limited-available-silver

[Captainandy]

#SILJ: MAJOR SILVER SPIKE COMING...

[Captainandy]

Thanks Pro Life....:-}


https://youtu.be/YyUA9uqqm6E


[/yt]YyUA9uqqm6E[/yt]

[Pro-Life]

Only at the end, the first is [yt] and the last is with a / forward slash... GL!!!

[Captainandy]

Hey Pro Life...Thanks....Can you spell it out to me...?




i've used [yt][yt]



what do you type in ?


Thanks

[Pro-Life]

Yes, absolutely... in red below: Can you please show me the code to put you tube videos on the I-hub ...!

add -> [ / yt]

[Captainandy]

#SILJ: Hey Pro Life....:-}


https://www.zerohedge.com/markets/silver-epochal-maldistribution-wealth

https://youtu.be/YyUA9uqqm6E


Can you please show me the code to put you tube videos on the I-hub ...!

i've been using [yt]YyUA9uqqm6E[yt] ..that does not work anymore...


Thanks

Captainscoty

[Captainandy]

https://www.facebook.com/etfmanagersgroup/?eid=ARAhlSdZnR_V9ZXWMbxWVToxoF_5YIBHqdSng20rFy_OOY-m8dybGmAifTzuzVEeLAldMR5k4XUAC92i

[Captainandy]

https://twitter.com/etfmg?lang=en

[Captainandy]

#SILJ: TIME TO LOAD UP....:-} $14.76



GO PRO LIFE...:-}

[cbeadle]

I know the pre-market can be misleading, but I expect SILJ to explode upwards when we open.
I think we could reach $50-60 if silver reaches that sort of price

[Pro-Life]

Lots of funkiness happening.

[Pro-Life]

Maybe a new i-Box is in order.

[Pro-Life]

Looking better.

[Montanore]

SILJ holding its gains today. Good sign, I guess.

[Pro-Life]

I agree.

[Montanore]

"...silver should be bought for wealth preservation purposes and not for speculation. Therefore it must be held in physical form outside a fragile banking system."

True. Silver and gold should be seen as STORES OF VALUES. Not 'investments.'

[Pro-Life]

Silver & The Epochal Maldistribution Of Wealth
by Tyler Durden - Sun, 10/18/2020 - 22:00

https://www.zerohedge.com/markets/silver-epochal-maldistribution-wealth

Most importantly, silver should be bought for wealth preservation purposes and not for speculation. Therefore it must be held in physical form outside a fragile banking system.

[Pro-Life]

This is the $SILVER vehicle I prefer above others..

[Montanore]

Maybe because this one is curiously an under-performer.

I'm wondering if it's because many junior silver miners need to raise cash to resume operations...hence dilution.

USA Silver is a good example of that.

[Dennisb68]

Where is everyone? With silver moving higher I thought there would be more activity here.

[Montanore]

SUMMIT, N.J.--(BUSINESS WIRE)--ETF Managers Group LLC (“ETFMG”), a leading thematic ETF issuer, announces that the first thematic product brought to market by the issuer, the ETFMG Prime Junior Silver Miners ETF (NYSE Arca: SILJ), has exceeded a significant milestone of $300 million* in assets under management. The first to market product targets small cap silver miners and has enjoyed asset inflows equating to a +341%** increase year over year. SILJ, which launched in November 2012, remains the first and only ETF to provide direct exposure to the silver mining exploration and production industry.

[tootalljones]

never fight the last war, this is what is proven by military history for 2500 years. If you do, you will get destroyed.

Today there was a small but telling tidbit in the gold space, which probably fortells a bit of the future.

Fortuna Silver, a fine company, just announced a deepening of their dispute with Mexico over taxes.

The Mexicans just elected by an overwhelming figure, a new socialist president last year. He is an avowed socialist, not like these democrats in u.s. congress who are closet socialists (*although they are gradually revealing themselves)

Why is this important? Because the mexican nation is going socialist. The leaders now are increasing corrupt, and soon Mexico will rank in the top 25 corrupt nations on earth, a staggering thought, and as the country continues to believe in mob rule and the totalitarian state, they will seize assets. The most obvious way is simple taxation. So Fortuna, the guys there are honest as can be but they are being held up at gunpoint by the che gevarra types, el banditos!

And SLJ has a ton of exposure, even as a fund, to mexico, which mines the most silver on earth..........30 or even 20 years ago, it was accepted wisdom that a silver company would outperform the metal in a precious metals bull by basically a 3 to 5X ratio, an incredible thought.

But that is the last war. Think of this: what if most of the countries in latinista america, and in the West generally, due to simple birthing over time, go socialist? Dont say it cannot happen. This is not the last war, it is the future war, with chowderheaded young people dumb as scheat or actually dumber......

In such a scenario, the value of the miners will go down drastically, as the market will see them for what they are: EXPOSED TO THE SOCIALISTS, LITTLE LATINISTA WHORES....and the market wont buy them.

But the metal, the virgin, will become itself ultra valuable. It may be time to consider eschewing the miners and doing the metal, or at least splitting the investment.

[tootalljones]

I bet this ends up positive on the day.

[tootalljones]

bailed most of my silj yesterday, and finished it up today.....I think we are seeing a head and shoulder top, or basically a rounded top, in precious metals.....I think the metal simply must revisit 1450....who knows....phouckshit

[tootalljones]

if this is a true gold bull (*and there are many reasons to believe so, the first time in almost a decade), to me the choice is obvious between gold and silver, and here it is:

I put an ounce of gold (a gold eagle) in one hand, and silver eagle in the other. Sure, gold is a cooler metal, no question there, but they are both valuable,

so then I ask myself: You can have 80 ounces of this white metal, vs. 1 ounce of this gold metal?

The choice is a no brainer. In fact, I would rather have 35 ounces of the white metal, over 1 ounce of the gold.

So my observation is that the regular guy in the world thinks like me, and will think silver is by far the better bargain. And silver will go up much faster. Of course, if it is not a precious metals bull, both will go down so it does not matter. But I think it is.

[tootalljones]

This sept 24 article has picked up something very significant, "a signal" which is the world is starting to lateral some interest in gold, to silver. He says the chart shows a move more towards silver...
. https://www.silver-phoenix500.com/article/silver-price-forecast-rare-signal-says-surge-ahead

[tootalljones]

When will this board get more retail posters? When Silver is 45 bucks in 2 year from now. At that time, SILJ will have 3X the current trading volume, over 2 million shares daily.

Silver by then will be "hot."

People not loading up here because there is no real volume ("liquidity") don't understand how it works.

You buy low volume stocks with a serious future, if you can find them, and then sell them when volume has been going crazy for about 6 months.

[tootalljones]

My SILJ price projectsion and other thoughts, fwiw..
tootalljones Friday, 09/20/19 10:18:08 AM
Re: None 0
Post #
2322
of 2331
HISTORY LESSON AND OTHER PROJECTIONS: silj is my preferred vehicle of today's current Big 4 (gdx, gdxj,sil and silj), and it now prices at $10.16, with silver the metal currently 17.76. All of these 4 will do fabulously well if we are in a bull market, or what some term, a resumption of the bull market of the last decade which paused starting in 2011.

Remember, bull markets in any commodity begin when nobody is looking. One can here theorize that this new bull or second half LEG, began when gold broke through long term resistance at around 1360 this past summer.

Here are some rough price targets below. I think it is clear Trump is a major inflationist. The odds are overwhelming he wins reelection but even if not, if the DEMS win, gold and silver will continue to go higher.

The reason will gravitate to silver vs. gold is that silver is simply a better value.

Historically in the 1930s, and from 1975 to 1981, and from 2002 to 2011, silver has far outperformed gold. So too with silver stocks even more so than gold stocks, and by an even bigger percentage.

And in the back 3 years of these precious metals bulls silver exploded higher and higher, while gold still did very good without question.

I am looking at something like this:
Year end:
2019: Silver at 20, Silj at 12.50
2020: Silver at 28, silj at 25
2021: silver at 42, silj at 45
2022: silver at 65, silj at 65 (price exploding)
2023: Silver at 100, silj at 120 (Bitcoin mania year)

vs. gold during the same period
POG may move 100% (easily) to $3000, and GDX, its primary gold stock proxy, which today is 28, will be 95 bucks. (a 3 to 1 ratio to the metal), but with silver, we see the metal up 500%, and silj up 600%.

These moves are similar to what has happened in the past PM bull market. And the ratios are not perfectly in sync, NOT PERFECTLY SYMETRICAL, AS ONE WOULD EXPECT, IN BOTH THE SILVER METAL AND THE SILVER STOCKS, but that is the way prior ones have been in reality, but even more extreme, believe it or not.

for instance, in this century's earlier bull market, silver started priced at an incredible 4 bucks and finished at $49, up an amazing 1200%, and silver stocks even greater percentages

So here, history will show silver bottoming at $13.50, bu but finishing up almost 800%, with many premiere silver stocks (since silj did not exist until recently), being up well over 1000%.....

You can say I am dreaming, but as you can see, I am suggesting an outline to this current bull market that is less extreme (but still incredible) than this earlier bull. THE REALITY IS THIS, I am suggesting outrageous returns but these returns would be substantially less than the other 3 PM bull markets of the last century.

If I gave you the numbers for the earlier 2 bull makrets, the ones of the last century, and extrapolated to our current bull market, nobody would believe me. There were stocks in the 1930s bull market, for instance, that went from 5 to bucks in price to over $300 bucks. YUP!

For the 1970s bull market, silver went from around a dollar (remember the term, a silver dollar) to $50 bucks.....but in truth, this involved manipulation by the HUNT brothers, which only lasted a month, but silver for perhaps 6+ months was up there around $25 bucks (before the last blowoff "hunt brother" mania under which it doubled in several months.
So this was once again, a far wilder bull market than what I have just sketched above.

So my predictions above are of the least crazy, gold and silver bull market, of the 4 i have identied. In other words, the most conservative price projections of all 4 PM Bulls. Why there are PM bulls is another question entirely, for another day. If you don't think such things exist any longer, you would be wrong. Look at Bitcoin, considered the modern electronic gold, it is up from 10 bucks to 10,000 as I type (and down from around 20,000), over the past 5 or 6 years.

[tootalljones]

silj which is the pure silver producers (almost pure) is the much more desired vehicle to SIL, which has a ton of other metals in the components. Silver will be 25ish in a year or so. SILJ now 17.70 will be 35 bucks in a year.

I can see silver challenging all time highs in 2.5 years. SILJ will be close to 100, possibly higher, and then baby, as silver tops out in the next couple years at 120 an ounce, SILJ will be 200 and everybody will be talking about it, and I will sell.

[tootalljones]

Still in SILJ...still buying this bad boy. I can see silver the metal doubling in the next year, and silj therefore tripling.....time will tell.

[tootalljones]

I post, however, on the SIL board but all of my posts obviously pertain to both etfs, and I would note, the larger silver stocks in this etf also are in SIL, at a significantly reduced percentage but still meaningful.

[tootalljones]

I have sizeable sums split equally between this and SIL...I expect this to eventually outperform SIL over the next 3 to 4 years.

[JohnCM]

[never96]

This ETF has some great silver miner holdings!! I just bought some shares for the long term.

[JohnCM]

I called the bottom and promptly SOLD. What stupid I am ...

[Hedgebunny]

Metal market reversal coming bro, get on it!
http://futures.tradingcharts.com/chart/SV

[JohnCM]

Not sure. I prefer USLV. You never know. This might run.

[Hedgebunny]

What’s the front and back end fund load fee? Thanks

[JohnCM]

Top Holdings

Company Symbol % Assets

Hochschild Mining PLC HCHDF.L 10.91%
First Majestic Silver Corp AG.TO 9.50%
Pan American Silver Corp PAAS.TO 9.33%
Coeur Mining Inc CDE 8.62%
Sabina Gold & Silver Corp SBB.TO 5.12%
Trevali Mining Corp TREVF.TO 4.62%
MAG Silver Corp MAG.TO 4.41%
Great Panther Silver Ltd GPL.TO 4.37%
Bear Creek Mining Corp BCEKF.TO 4.24%
Fortuna Silver Mines Inc FSM.TO 4.10%

[JohnCM]

[boo boo]

This 'b' formation existed in USLV and JNUG on Friday (11/3). Where is the price today? Looking for a reversal in $BPGDM into (X's).

[boo boo]

New low on 'b' formation w/volume into close.

[Doubledown75]

Somebody else has your confidence here too. 6k bid
Good luck:)

[JohnCM]

My Favorite ETF To Profit From Precious Metals Now

Feb. 6, 2017 11:20 AM ET|16 comments| About: PureFunds ISE Junior Silver ETF (SILJ)
Moby Waller - Seeking Alpha

Summary

The bottom line is that money is flowing into precious metals and the price action is strong. It looks like a classic 'flight to safety' that should have some legs.

The gold and silver miners are the outperformers and achieving the best gains - these companies are leveraged to gains in the underlying commodities.

An ETF, which is a basket of miners, is less volatile than an individual stock. My current favorite ETF in this sector is the PureFunds ISE Junior Silver ETF.

An old saying, paraphrased, is, 'those who sell pickaxes during a gold rush will get rich'.

Currently, this axiom applies to gold and silver mining companies. We've seen a big rally in gold ETF (NYSEARCA:GLD), silver ETF (NYSEARCA:SLV) and other precious metals ETFs since December.

The potential reasons for this move are myriad: among them are global uncertainty from the new Trump administration, China and India currency and political fluctuations, and U.S. dollar and interest rate expectations.

But the bottom line is that money is flowing into precious metals and the price action is strong. It looks like a classic 'flight to safety' that should have some legs.

What is the best way to profit from further moves in the yellow and silver metals?

The gold and silver miners are the outperformers and are achieving the best gains - these companies are leveraged to gains in the underlying commodities. And the best way to play this group is through a basket of stocks in an ETF, in my analysis. This lessens the overall volatility and risk compared to an individual company.

My favorite ETF among this group is not widely known... yet.

It is the PureFunds ISE Junior Silver ETF (NYSE - SILJ).

SILJ holds a basket of small-cap silver mining and exploration companies. The ETF has holdings in 25 stocks currently, with the top 3 holdings representing about 41% of its total assets. Those largest holdings are in Pan American Silver (NASDAQ:PAAS), Coeur Mining (NYSE:CDE) and First Majestic Silver (NYSE:AG).

This ETF simply gives the biggest bang-for-the-buck on rallies in the precious metals.

I looked at relative performance over multiple recent time frames: since the December bottom in gold, year to date and since the S&P 500 peaked recently on January 26.

SILJ is outperforming GLD, SLV, the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX), the VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) and the Global X Silver Miners ETF (NYSEARCA:SIL) over all of these time periods.

And, in my analysis, SILJ can achieve potential further gains of 30%+ this year, or even sooner.

Take a look at the SILJ daily chart below.

This chart contains the unique, tested indicators and settings that I utilize for trading sectors in our Wyatt Research ETF Sector Alerts premium service. Those are 24- and 82-day Exponential Moving Averages (Exp MA), which show the average price level over a certain time frame (these are useful to show directional trends and support/resistance levels), and Stochastic, which is an oscillator I use to measure the strength of the price action.

SILJ Daily Chart


You can see above that the SILJ recently had a bullish crossover of the faster moving average above the slower one. The two previous crossovers of these key Exp MAs were good directional triggers in both directions. Notice that SILJ is now trending along and holding support from its faster Exp MA on any pullbacks - this is a sign of strength and bullish price action. At the bottom of this chart, you can see that both the faster and slower Stochastics are also giving a strong reading above the 70 bullish threshold.

My current upside target on SILJ from here is the 20 area, which was a key high reached in 2016. However, if you notice the giant rally this ETF had from last February to until August (from around 5 to around 20), there is big further potential upside if this rally shows some serious legs. Breaching the 14 or 13 levels would likely be triggers to exit the ETF on a stop-loss.

[JohnCM]

SILJ is the smallest fund in the segment with only a few million of AUM. It is expensive and illiquid, but offers unique exposure that focuses solely on small- and micro-cap silver mining and exploration companies. It includes both pure and nonpure-play silver companies, but modifies its market-cap-based weighting scheme to overweight pure-play silver miners/explorers and underweight nonpure-play companies. The fund looks very little like our neutral benchmark, heavily overweighting Canada and tilting much smaller. While SILJ may one day become the go-to fund for aggressive silver investors, so far it hasn't attracted enough assets to make it a practical choice.

[JohnCM]

Fund Summary

The investment seeks investment results that, before fees and expenses, correspond generally to the price and yield performance of the ISE Junior Silver (Small Cap Miners/Explorers)™ Index. The fund invests at least 80% of its total assets in the component securities of the index and in ADRs and GDRs based on the component securities in the index. The index tracks the performance of the equity securities (or corresponding American Depositary Receipts ("ADRs") or Global Depositary Receipts ("GDRs")) of small-capitalization companies actively engaged in silver refining, mining, or exploration ("Junior Silver Companies"). The fund is non-diversified.

[JohnCM]

Top Holdings

Company Symbol % Assets

Hochschild Mining PLC HCHDF.L 10.91%
First Majestic Silver Corp AG.TO 9.50%
Pan American Silver Corp PAAS.TO 9.33%
Coeur Mining Inc CDE 8.62%
Sabina Gold & Silver Corp SBB.TO 5.12%
Trevali Mining Corp TREVF.TO 4.62%
MAG Silver Corp MAG.TO 4.41%
Great Panther Silver Ltd GPL.TO 4.37%
Bear Creek Mining Corp BCEKF.TO 4.24%
Fortuna Silver Mines Inc FSM.TO 4.10%