Deepcaster was among the very few who correctly forecast five months ago! the Explosion of Silver Prices which has now arrived, in large part because of our 4 Factor approach to the Markets*.
We think USLV will eventually go much higher. But, since we believe in taking profits when we have them, today we recommend taking profit on half of your shares of USLV (VelocityShares 3X Long Silver ETN) — a Triple-Leveraged Long ETN on the Silver Price.
Recommendation to Consider:
Take Profit on one half your current holding of USLV
If you bought this ETN when we recommended it, that is approximately a 60% profit in a little over five months.
And for Deepcaster’s recent RECOs which have multi-100% Profit and Wealth Protection Potential, see Notes below.
August 27, 2019
*We consider, not only Fundamentals and Technicals, but also Interventionals and Macro.
Note 1: Paid Subscribers can see All Deepcaster’s Buy Recommendations & Bull Sectors posted under SUBSCRIBERS especially of a recently recommended Gold Royalty company. See also Recent Profits Taken and Portfolios.
Note 2: Deepcaster’s recommendation is a company which invests in the middle, as it were, of an industry which is likely not going out of Business even in a recession, or Crash. See our latest High Yielding Buy Recommendation in last week’s Alert, “9.9% Yielding Recession Resistant BUY RECO,” on Deepcaster LLC.
As Deepcaster forecast, Volatility and Sector Mega-Move Trends are intensifying and we expect them to intensify further.
Note 3: A new ETF with Multi-100% Profit Potential just hit the Market and it has an extraordinary degree of downside protection, including being backed by a Government! Deepcaster tells you why it is our recent BUY RECO on Deepcaster LLC.
Note 4: Deepcaster’s Forecasts have been spot on recently, and our recent Buy Recommendations show dramatic gains. But more Mega-Moves are coming. Read our Forecasts and consider our Buy Recommendations in Deepcaster’s recent Alert, posted on DeepcasterLLC.
Note 5: U.S. Equities have been hitting record Highs in recent weeks due in large part to the prospect of The Fed easing and especially to very low interest rates which have facilitated huge borrowing to artificially boost those Equities and other Financial Assets Prices. And late this week we have seen modest moves down.
Note 6: Our attention to Key Timing Signals and Interventionals and accurate statistics has facilitated Recommendations which have performed well lately. Consider our profits taken this year in our Speculative and Fortress Assets Portfolios:
- 60% on Triple-Leveraged Silver ETN on August 27, 2019 after just 5 months
- 14% Profit on a Triple-Leveraged ETF on August 5, 2019 in just two weeks
- 72% Profit on a Bull Sector ETF/ETN on June 24, 2019
- 32% Profit on a Market Volatility ETF on May 7, 2019 in just three weeks
- 50% Profit on a Gold Royalty Company on April 8, 2019
- 70% Profit on a Bull Sector ETF/ETN on January 22, 2019
- 115% Profit on the Volatility Index on January 3, 2019