by Dave Kranzler, Investment Research Dynamics:
Silver has carved out a cyclical bottom formation and appears to in a solid uptrend. There is massive physical demand supporting this move. For the last three-plus years, the precious metals market has been in a trading pattern in which you were supposed to sell the rallies. Now silver – and the rest of the sector – appears to be in a pattern in which all dips should be bought/accumulated.
SLV moved from a $14.66 in early November to $17.61 on Jan. 20, 2015. This is a 20.5% move in a little over 10 weeks. Stock market heroin addicts would kill for a move like that in that short of a period. I wrote and article for Seeking Alpha in which I show a great chart of SLV and discuss why I believe that silver will be the best performing asset of 2015. You can read that article here: Silver Is The Place To Be In 2015.
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