14.09.2015 - What's the next move for silver?
Silver has had a rough year, slumping to major new secular lows. After sliding on balance for years now, even the diehard silver bulls are losing faith in their metal. But despite its vexing slumber, silver’s price-appreciation potential from today’s levels remains enormous. Between radical underinvestment and very-high speculator silver-futures shorting, silver is poised to see massive buying as gold recovers. Silver has proven very disappointing in 2015. Late last year, it was battered down near $15.50 as gold plunged into the $1140s on extreme futures shorting. That looked to be a decisive low, as silver spent the next 8 months forming a strong technical base around $16. But unfortunately in early July, silver fell to new lows near $15 as gold was crushed by an epic futures-shorting attack. Silver was collateral damage...............................................Full Article: Source
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