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« Gold's Rise: Head fake or is it the real deal? | Main | Doug Casey: Why the Euro Is a Doomed Currency »

James Turk: Is Silver About To Shock The World In 2016?

James Turk

Despite the large commercial short positions, is silver about to shock the world by becoming the best performing asset of 2016?

James Turk:  The shorts dodged two bullets last week, Eric. The first bullet was the silver price…

James Turk continues:  The shorts managed to force it below $15 by the end of the week, so any call options expiring that day ended out of the money. All the money the shorts received from the premiums when writing those call options went into their pockets.  The second bullet was more subtle – and more important.

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As we write silver is rallying but it is still sub $15.00/oz.

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