WiseTraderIO
Long

Is the silver market ready to Rally?

TVC:SILVER   CFDs on Silver (US$ / OZ)
The last 2 years the silver market is behaving similar to mid 2003 to mid 2005.
Even if we assume that the Stock Market, Bond Market and Housing Market will not correct the coming 2 years, the Silver Market looks really bullish .
Especially if we take into consideration the recent capitulation in the bullion market (http://www.bullionbaron.com/2013/02/more...), the "Crushed Profit Margins At Largest Primary Silver Mining Producer"(https://www.moneymetals.com/news/2017/01...), a historically high GOLD/Silver ratio and the fact that nowadays we are using Silver for industrial purposes more than ever, the long position constitutes a relatively safe bet.
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WiseTraderIO muhammadaliimran
@muhammadaliimran, I don't think that there is a safer mid term, 2-5 years, Investment / Savings.
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