About six weeks ago, I shared a short vision showing a play from a football game where the quarterback threw a long pass to a receiver running down the right sidelines. The receiver had just entered the end zone and was about to catch the ball when I noticed it was not a ball, but a large shiny white yo-yo, which was still connected to the quarterback by the string. The quarterback then pulled it all the way back to himself. (see complete post)
Since the yo-yo was shiny and white, my interpretation was it revealed a big move in silver prices that suddenly reverses and returns to where it started. I believe that is happening now and is about to reverse soon.
Initially, I thought it might begin with a move up because of previous insights showing a a similar sudden reversal coming for an up move, but we now have the benefit of hindsight showing this is a separate move. Silver prices have already dropped $1.50, from $17.16 on November 27 to a low of $15.66 today.
The drop in prices fits the yo-yo vision because the receiver was running down the right sidelines and from my left to my right. The right side is a common dream symbol for prices moving down because puts are always displayed on the right. He was also moving away from me, so he appeared to be getting smaller.
The bottom is unknown, but two different technical analysis charts show it is now within a few cents of a strong support level, so it might start bouncing there soon. On the daily chart, silver prices are well below the bottom of the Bollinger Bands, which typically indicates a reversal is close. However, other technical indicators are still showing it could drop further, listing it as a “strong sell” across all time periods. (Source: Investing.com)
If this is the fulfillment of the yo-yo vision, once it reaches the bottom, it should reverse and move all the way back up to about $17.16. Since it only took seven trading days to drop, I am expecting it will move back up just as fast.
Upward movements in silver prices can be leveraged with an ETF called USLV, which moves in the same direction as silver, but three times as fast. SLV is another trading vehicle for capturing changes in silver prices.
Prophetic insights like this often reveal incomplete information, which makes the interpretations challenging, so this is not 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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James, any new insight about silver? Thank You!
I have been waiting for months to see the fulfillment of my vision of flying in a silver airplane, looking out the window and seeing a forest of trees falling as the plane passed over. My interpretation is silver prices will be soaring higher when equities are falling. I think that is coming soon, but still seeking God for confirmation. I have seen other stuff showing the rally in silver will end suddenly and lead to a severe crash.
James, I have a short dream this morning somebody gave me a piece of thin fired egg(white and yellow) on a plate. Do you have any new insight about gold and silver? Thank You!
The yo-yo pass completed with the move down and back up in December. I think there might be another move up coming soon or at least no significant drop near term because I saw some bearish stuff that appeared to be for later, not now.
Looks like the yo-yo pass has nearly completed now as silver has now bounced back up almost to where it started dropping about a month ago.
Good call James – I positioned in SLV calls – 4 hour RSI is in overbought territory – but still has more gas left. On another note – I discovered SLVR – which has already completed its ICO (those lucky to get in on the ICO purchased tokens at 10USD) – it will be pegged directly to the price of silver – Mexican initiative – plans to launch early next year. TAg: “THE FIRST DIGITAL TOKEN SUPPORTED BY REAL SILVER” – further info here:
https://steemit.com/ico/@robdscott/new-ico-sells-1-oz-silver-for-usd10-00-with-new-slvr-coin
I believe that we hit the bottom of Silver today. My bottom for SLV (based on Fibonacci extensions) on a one hour chart is $14.78. We bounced from that today. If that support holds tomorrow, I’ll be buying USLV and SLV calls.
James reminded me that with the FOMC meeting concluding tomorrow, we’ll need to watch the support level very carefully before confirming this entry point. If the FOMC slams the metals, I believe the next support level is $14.33 on SLV.
Thanks for finding the next support level Richard. I think that should be the bottom and would set up a nice move back up to where it started dropping, which was about $17.00 or $17.25. Note: I am quoting spot silver prices whereas you quoted SLV prices. There is about a 90 cent difference currently.
The bounce was confirmed and I bought USLV and SLV calls first thing in the morning. Praise God the calls are already up 78% by end of day. I plan to sell probably first thing tomorrow morning and/or if we hit SLV $15.41. I could foresee USLV hitting either $10.28, or maybe $11 even.
So, how are you trading it then, James?
It bounced off a strong support level on Thursday and looks like it might have hit bottom, so I opened a small position with some SLV calls on Friday. If it keeps dropping, I will look for the next support level and add to my position.
James, I’m holding a long position too. Any new update or insight for silver? Thank You!
I saw some bullish silver stuff back on December 10 when it was at about $15.75. I think that was fulfilled with the move up to about $16.27. I haven’t seen anything new since then, but it looks like it has now formed a top, so there could be more downside ahead.
I had a dream on Wednesday showing it will volatile a little bit before it going up at 45 ~60 degree inclination. But I need more confirmation. So I pull out before the long vacation and going to seek more confirmation.
Also I had another dream on Dec 10,2017. In the dream I fought with a very large white wolf on a snow ground. The wolf is as large as a polar bear. After a very hard fighting, I rode on the snow wolf. The snow wolf then bought me to a cliff (or mountain top I can’t exactly remembered) and then jump down from the cliff. I and the wolf had been falling down for few seconds. We finally landed on a snow ground without getting any hurt.
I believe the giant snow wolf represents the silver leverage market which is my trading tool. It is very risky and dangerous as wolf is carnivore, but finally I could make profit from the market. The silver price might drop steeply in winter. But I don’t know the exact date.
Thanks for sharing that Tony. Since wolves are like dogs, but more aggressive and more dangerous, and dogs symbolize bearish price movements, wrestling a large white wolf could represent holding a long position during a time when prices are dropping sharply, but not huge drops. By holding your position, you eventually start controlling the wolf, riding him up to the cliff (or mountain top). There you reach a cliff, a steep drop in prices. You jump off and are not hurt because of being warned about it in advance, possibly opening short positions. So my take on it is prices will first move lower then higher the much lower.
Thank for your interpretation! It is completely difference from my thought. I had another dream on Dec 17, I saw several yellow bulldozers moving from left to right on a green grass land. It might represent gold will move down gradually in spring or summer season.
I agree yellow bulldozers represent gold, but green grass often represents equities markets.
https://kingworldnews.com/bullion-banks-cover-massive-number-of-short-positions-in-the-silver-market/
I have seen instances where a drop in the price of silver or gold will pull down the price of crude oil and vice versa. I have been waiting for a spike in crude prices as a result of turmoil in the Middle East. With the declaration of Jerusalem as the capital by Trump, I am wondering if we are days away from a conflict breaking out there. If crude oil spikes, it could bring silver and gold with it. Great insights into silver, James!
we were weeks away from war even without Jerusalem. But yeah, probably days now. Russia/Iran/China will hit us first. The worst of it is our own gov’t has sold us out. They will invite in the Russians right into our country. We will wake up one day and they’ll be right there. It won’t take long before the fighting starts. It was meant to destroy the USA which it will do, but a remnant will survive and even thrive at that time.