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 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.
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