Last week, I received an email from Pastor Louie McGeorge with an amazing insight into the silver market. Pastor Louie is Associate Pastor at New Promise Christian Fellowship and Phoenix House of Prayer. His email shared the following dream:
“I had this dream July 14th. This dream went against everything I am / was thinking……I have been buying silver on the dips for over two years.
Dream: I was reading a paper about Jan Stenerud (Hall of fame kicker for KC Chiefs…..known for his accuracy). Then in a paper, I saw silver drop to $9.50. It radically dropped. It was like in one day.
The two days after the dream, a friend of mine from Kansas City came into town and mentioned to me about Jan Stenerud. I took that as confirmation of my dream.”
This was not on my radar, but after Pastor Louie sent me this, I checked the weekly chart of silver prices and was amazed to find the bottom support level is now at $9.50, as shown in the chart below. Pastor Louie did not know this, so it is quite a coincidence.
It’s not uncommon for prices to drop down to the bottom support level or go up to the top resistance level. So from a technical standpoint, a drop to $9.50 sounds possible. I mentioned it to a friend who subscribes to several technical analysts and he confirmed some analysts are now forecasting silver to crash down close to around $10.00. Silver has not been below $10.00 in over eleven years, since the spring of 2006.
Pastor Louie was not shown any dates, so we can only speculate about the timing. I don’t believe it is the next drop. I am currently watching for a pattern I saw in a series of dreams and visions showing silver topping at about $17.10, then dropping in two legs down to $14.45. If we see that, then it should bounce back up afterwards. Perhaps the larger crash comes after the bounce, but it might also be further in the future.
Pastor Louie saw it happening fast, “like in one day.” If it really happens in one day, the only way to trade it would be with limit orders placed ahead of time. Depending on how fast it happens, it might be difficult to buy physical silver at that price, but anything close to that would still be a great price. It would be a rare opportunity to stock up, preparing for the day when silver skyrockets.
Author: James Bailey
James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.
© 2017, Z3 News. The first 200 words of Z3 News articles may be shared online in exchange for a clickable link to our site. Please include the author name and do not make any changes to text or titles. No image files from our site may be shared because we don’t own them. For permission to use our content in other formats, please contact us.