Think you might be quite wrong about silver, it's teetering on the brink, there's loads of it around and to suggest there's a moonshot on the horizon is really pushing it.
This is from Resource Investor:
Now, let us move on to silver. In the opinion of the analysts over at Standard Bank, the white metal is currently “testing its long-term support, currently at $27.40/50, once again. This trend-line support dates back to October 2008.” The analytical team at SB believes that silver shows a “real risk that it could break lower and retest the low $26/oz. level,” as “Industrial demand makes up almost 50% of silver demand and this demand remains weak. At the same time, silver stocks in China are high.” Therefore, the SB opinion remains that the precious metal is “a sell into rallies for the next few weeks, with risk of it retesting support, at around $26.00/oz.”
