SILVER 0.30% $15.25 silver futures

Rowing,Apparently last month there was huge moves out of the US...

  1. 848 Posts.
    Rowing,

    Apparently last month there was huge moves out of the US stock market by the directors of the top 200 stocks or so. It is assumed a lot of this money went into silver and gold.

    Silver/gold/oil look to take off soon in my opinion.

    Silver contracts massive this March at the COMEX, they will not be settled by physical hence nudging the price up.

    Also silver lease rates have spiked and held which is very unusual as linked below. This is a strong indicator there is a significant shortage. This a and the next month will be very interesting. I got a feeling could be some good up-side coming. The destabilization in the middle-east does not look to be going away shortly. Charts still show that gold/silver is in a down trend. I normally would not buy here but could not help myself.

    All my opinion and may well be wrong.

    http://www.kitcosilver.com/charts/silverleaserate.html
 
watchlist Created with Sketch. Add SILVER (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.