Do you want to double your money? Then checkout the next great investment, Silver Miners. I firmly believe we will see $50 again once the USD crashes. Silver will shine when the next leg of the bull market begins and select miners will have explosive moves. Here are 2 miners to keep your eyes on:
1. First Majestic Silver
Despite the earnings selloff there is huge potential in AG. A long accumulation base since 2014 gives price objectives of $37.6 - $41.2 on the high end and $30.4 - $34.0 on low end, a possible 6-7 Bagger.
2. Great Panther Silver
A long accumulation base since 2013 gives price objectives of $6.7 - $7.6 on the high end and $4.9 - $5.7 on low end, a possible 5-7 Bagger.
Keep accumulating shares on dips in these and other silver miners (FSM, SILJ, PAAS, CDE). Forget about trading leveraged X3 ETFs or options, you will only lose unless you are a professional trader. Do not watch the daily gyrations, buy and hold is the correct strategy now. Silver miners may rival the move in Bitcoin once the breakout begins. Will we see $50 Silver again? Its not a matter of if but when.