Tuesday, June 3, 2014

Will silver shine again?

Question: Do you have any idea what will be the catalyst for the next move up in physical silver?

Answer: The catalyst for the next up move in silver and gold will most likely be something fear-related.  That is, a mass exodus on the part of investors away from equities (at least temporarily) and into the metals is likely required.  What that catalyst will be (political/military/economic) or when it will occur I offer no guess.  But the current move in the metals is reminiscent of the late '90s when the fortune of the metals and mining stocks was inverse to that of equities.