This seems at odds with conventional financial theory of diversification. $PSLV is considered a mix of physical and securitized silver trading. Intuitively, one would think that this mix of assets would help offset the risk of the other. Moreover, $SLV could be more market efficient since this ETF does not deal with physical assets and their associated costs such as: storage, delivery and depreciation.

This is my take on you question.

As an #iPhone user I do not like the forced updates. However, this is part and parcel of #Apple's business model. It is a dynamic innovator in a cutting-edge industry where technologies are always emerging and improving. Apple has to be able to keep up and also to keep its existing users up-to-date with new trends. $AAPL

I believe that sometimes silver is an over-looked commodity. It is a valuable currency that has industrial applications.

As for the $PSLV, this is a smart way to hedge your risk since there is a currency backing. However, ETFs are always subject to market fluctuations.

This is a great way to diversify your risk and gain more exposure to the internet of silver. Good read and solid recommendations.

@[Alexandros Yfantis](user:32972) good read. I agree that the new lows and highs are higher. I think this indicates a positive trend and trajectory.

Moreover, and increasing CPI also means higher prices overall, especially on commodities. If Fed hikes interest rates, the inflated crude prices should stabilize around the $80 mark.

True that the demand for oil has not yet shifted, however the price correction was inevitable. The automobile and logistics industry which rely heavily on oil production are operating at full speed and increasing in size.

For the past four years $WTI has been mostly below $60/barrel. Now that it has surpassed the $60 mark, we can anticipate higher prices, in accordance with the high demand.

@[Marcus Turner Jones](user:38850)

Good insight. It is definitely important to consider all aspects of the economy when analyzing the $USD. I think that the $USD will appreciate for some time, however, some of Trump's economic policies will counter this effect, yielding zero-sum. The dollar always tends to normalize, imports and exports should be regulated for this period of volatility and deregulated after the end of the cycle.

Considering the instability in Europe and the ECB, how sensitive will the market be to monetary initiatives implemented by the ECB? Do you think that the US should intervene at the moment or shall the market play its part?

My Simple Forecast:

Looks like $XBI has had a positive growth trend. With middle of the year approaching I believe that the cycle will repeat, thus hitting high points again. The seasonal patterns may be based on the rate of discovery of new technology, so cycles may be of unusual lengths. Nonetheless, looks like $XBI is positively correlated to SP500, and it is leading variable. We can anticipate new highs by beginning Q3.

@[David Moenning](user:30973) Do you think that we will experience steady growth? Or does the current volatility indicate a new market trend?

Great Read! I think that President has the notion that economic recovery is instantaneous, this is untrue. Moreover, the stock market is not necessarily representative of the economy overall, we must look at other factors such as inflation, unemployment, etc.

Considering the appreciation of the #dollar, volatile #oil prices and decrease in the #Gold Spot Market, this activity is signalling a market change. Could be that as we exit the recession, business activity is picking up.

$DAI has also increased from 61.85 (11/2016) to 68.72 (02/2017). Here we can see that the growth is more stable.