Silver. It's a wonderful precious metal and I've been enamored with it since I was a young boy. It's one of the reasons I became a coin collector of Morgan Silver Dollars and love to search for junk silver. I get a giddy feeling when I find that "treasure" and feel like a modern-day pirate looking for that "booty." Of course, with my experience in machine learning, I've decided to combine my love of both and deployed silver prices forecasting models for every coin collector, coin dealer, and numismatic fan out there.
The idea is to provide interested collectors and dealers with a reliable way to forecast precious metal prices and adjust their spreads accordingly. The gold and silver prices forecasting models I built use newer machine learning methods in conjunction with time-tested and reliable forecasting models.
Silver prices can be pretty volatile and are driven by a lot of external factors. I don't recommend trading silver, or any precious metal like you would stocks. The spreads and premiums are usually too high to make it profitable. However, if you're a coin collector, bullion collector, or a coin dealer, having a better and more reliable price forecast will help buy (and sell, gasp!) silver at the best prices.
Weekly Silver Prices Forecast
Before I moved my site to a Ghost-powered CMS, I used to update my silver (and gold) price forecasts for the next day (daily), the next 5 days, the next 4 weeks, and the next 6 months.
These forecasts became too unwieldy for me to handle and I stopped making so many updates. The right cadence, in my mind, is to do them weekly. Run my models over the weekend and then issue a forecast report on Sunday evening for Neural Market Trends Members. The forecasts will not be actual price forecasts but just an up or down close from the previous week. Longer-term price forecasts will be available for premium members.
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