Silver Price Poised to Surge

Silver is scraping major support again, after a rough couple months where speculators left it for dead.  But today’s brutal lows and extreme universal bearishness are the perfect breeding ground for silver’s next big rally.  Investors are very underexposed, while speculators have big short positions that will have to be covered.  So as gold reverses decisively and paves the way, capital is going to flood back into silver.
Silver’s great allure today when it is down and out is hard for most to understand.  That’s because most traders mistakenly make linear assumptions in a nonlinear world.  They expect today’s market conditions to persist indefinitely.  But that’s not the way markets work, they are forever cyclical.  The best times to buy low before later selling high are when assets are universally despised and trading at super-low prices.