I believe China has been buying silver for months. Silver is way undervalued.
Welcome back Bluejay. What do you foresee for silver? Every writer about precious metals makes a huge point that silver lags well behind gold. They write expecting a major increase in spot. The silver miners are having a hard time operating. Does supply and demand enter into spot pricing or is it about long/short positions, or other topics.
The expectations support that a dramatic move will occur. What people or institutions have major long or short positions?
Why would anyone think that a short silver position is smart?
Gold pushing above $1370 is favorable for the metal and prepares it for its next major intermediate advance within its current bull market.