After hitting bottom on July 10 at about $15.17, silver prices have rallied back up by about $1.36. Different prophetic insights have shown it moving higher and lower, so the challenge is knowing which comes first.
Last week, it looked like the rally might be running out of steam, but then it finished the week strong. Based on what I saw yesterday, I believe it has more upside ahead. I saw a short vision of a white snow covered mountain emerging above the trees in front of it. Since white represents silver, the white metal, and trees represent equities, I interpreted it to mean silver will be moving higher while equities are moving lower.
Later, I saw a man driving a pickup truck moving fast from right to left. His blond-haired son was standing in the back of the truck and looked like he was only a child, maybe 6 or 7 years old. Suddenly, the truck crashed into something, causing a sudden stop. The little boy crashed head first into the rear window. His upper body went through the window, but his lower body was left laying outside, so his head was hanging down inside and his legs hanging down outside.
I believe this was showing silver price movements because the boy had blond hair. Right to left is bullish, so it sounds like confirmation of a move higher, then coming to a sudden stop. I don’t understand the father son relationship, but I think the serious harm done to the boy shows silver will not likely recover right away.
Later, I also saw a sequence of numbers. First 52, then 17. I thought about the price of spot silver going to 16.52 then $16.17, a drop of 35 cents. Several hours ago, it hit $16.53 then dropped about 10 cents. So, if it drops to $16.17 that might be a good entry point for a long position.
I also spent some time this weekend studying a lot of the recent prophetic insights regarding silver. My conclusion was it will soon make a move higher while equities are dropping. Some other stuff I saw tells me the move up will accelerate toward the end of it. From there, I am expecting it to drop below $15.00 and possibly down to $14.00.
Technical analysis supports the possibility of more upside ahead. The current market price is still about 15 cents below the 50-day moving average and about 75 cents below the 200-day moving average.
The information provided here relies on interpretations that might not be accurate. It is provided only as a starting point for prayerful consideration and not as a recommendation for investing.
Author: James Bailey
James Bailey is an author, business owner, husband and father of two children. His vision is to broadcast the good news of Jesus Christ through blog sites and other media outlets.
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Silver $15.00 still waiting patiently. Anything lower will be considered a blessing from the Lord. Spent the weekend at the Carpenter’s Village in the Appalachian Mountains. The sermons were filled with the Holy Spirit. The second night preacher spoke harshly about judgment coming to America. All 3 sermons can be viewed on their Facebook page ‘The Carpenter’s Village of Hope & Restoration’. In only one year and 4 months many lives have been changed. I encourage everyone to visit their page and check out their physical address (hint hint). It is secluded in the mountains. God Bless you ALL.
I think we’ll see silver below $15.00 this fall.
I had a dream last night, a white ice cream truck playing pop goes the weasel passed in front of me and my friend. I was explaining to her about the american ice cream trucks( as this is in south America), a bunch of little kids were chasing it, i think they were from a soccer team. Then a yellow truck follow it ( I knew it was ice cream too because had the yellow logo of the main local brand). The trucks turn left then right.
Thanks for sharing that Karen G. It sounds like the white and yellow represent silver and gold. If so, it sounds like a bullish indicator of a sudden surprising move higher since the weasel pops up and the truck turned left (up) and then right (down).
Just a few thoughts on FAZ. It is a dangerous stock in my view. It cannot go to zero, therefore it is reverse splits when the price gets too low. It has done this several times since inception. A $10,000.00 investment 8 1/2 years ago is now worth $1.52. There is no end to the downside. We could sell FAZ at $46 in the future like we’ve dreamed about but you might have only one share left out of the 10 or 50 or 1000 that you bought. To all holding FAZ at a huge loss, I’m so sorry. Been there/done that. Proverbs 22:3 says “The prudent see danger and take refuge, but the simple keep going and pay the penalty”.
There is no end to FAZ’s downside as long as we are in a bull market. However, the bull market will come to an end and FAZ will eventually skyrocket. It is through faith and patience we inherit the promises.
I sure hope you’re right. Meanwhile, all z3s who are down are hurting. We can’t hold a position forever
Who told you to hold that position forever? You didn’t get that from here. Jim Reeve posted a video in August 2016 warning of a strong bullish market ahead and it proved to be accurate. I just posted an update today showing the bull market is not done yet. A correction is coming, but then new all-time highs.
Buy as much physical silver as you can.
Sue, Looks like perhaps JP Morgan stopped buying silver of late, due to perhaps they have stripped supply too thin, as noted in this video;
https://www.youtube.com/watch?v=s_mj9kO5ifI
On the truck crash, father (gold), son (silver)?
Maybe that’s it Matt.
Randy in Nebraska