Trade Alert: Buy This Leading Silver Miner!

Yesterday, you should have exited your Direxion Daily Gold Miners Index Bear 3X Shares (DUST) position with gains of nearly 8%. Plus, you should have added ProShares Ultra Silver ETF (AGQ) and shares of the leading silver streaming firm, Wheaton Precious Metals Corp. (WPM). Well done!

We are fast approaching the turn date for silver and junior miners, with the cycle forecast pointing to next week. Obviously, it’s difficult if not impossible to time the exact lows and highs in any market, especially a volatile sector like precious metals.

The E-Wave cycle models, as powerful as they are, can still be off by days or even weeks, one way or the other. And for my money, I’d rather be a bit early than late and risk chasing stocks that are already on the move higher.

We should have plenty of time to build out our positions in precious metal stocks and ETFs because the bottoming process may take a month or so to complete. The cycles point to a bottom and turn higher for silver and junior mining stocks first, perhaps as early as mid-next week. Gold and large-cap miners may not bottom and turn decisively higher until late this month, or early next.

That’s why now is the time for you to get your feet wet with select mining stocks, like WPM. Today, I have another for you to add to your portfolio.

First Majestic Silver Corp. (AG): The company focused on growing primary silver production in Mexico and is aggressively pursuing the development of its existing mineral property assets. AG operates six producing silver mines in the country, with production targets of 10.0 to 10.6 million ounces of pure silver for 2017.

The company already pre-announced Q3 production of 2.4 million ounces of silver and 15,414 ounces of gold. Now’s the time to make your move on this outstanding silver miner.

Here’s what to do right away:

Using 5% of the trading capital you have set aside for this service, BUY First Majestic Silver Corp., symbol AG, at a limit price of $7.00 or better. This order is good-till-canceled.

Get this trade placed with your broker right away. And stick with the price limits I’ve provided, or you’ll needlessly pay up for the stocks. If any price adjustment is warranted, I’ll let you know ASAP.

Good investing,