Market Overview

Jeff Kilburg's Silver Futures Trade


On CNBC's "Futures Outlook," Jeff Kilburg of KKM Financial said silver is going higher. He wants to use the December futures contract to make a bullish bet.

Kilburg wants to buy the December contract at $27.25, with the target price of $28.50. He would put a stop loss at $26.75. He is risking $2,500 to make $6,250.

Kilburg is bullish on silver because it moved above its 50-day moving average and he expects it to revisit its August highs. A weaker U.S. dollar and the Fed policy are additional reasons to buy precious metals, thinks Kilburg.


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Posted-In: CNBC Futures Outlook Jeff Kilburg SilverFutures Commodities Markets Media