Arian Silver
Welcome To The Arian Silver HUB On AGORACOM Advancing substantial silver and polymetal properties in Mexico
Smart money has buying silver for the past decade.
Buy When Dumb Money Sells Silver and Vice Versa
While speculators may 'hate' silver, they're not the best indication of dumb money. Retail investors, a better indication of dumb money, hated silver from April to July 2012. Today's reading suggests strong dislike that's consistent with an early stage rally (chart).
Chart: Silver London P.M Fixed and the Commercial (C) & Nonreportables (NR) Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest
Chart: Silver London P.M Fixed and the Commercial (C) & Nonreportables (NR) Traders COT Futures and Options Stochastic Weighted Average of Net Long As A % of Open Interest
Speculators hate silver...
For the past year, the positive silver headlines have been few and far between.
Ever since the poor man's gold peaked near $50 in April of last year, it's become a despised metal.
Admittedly, it's been languishing near $27 since early May not far from where it was for the first time – in this bull market – back in late 2010.
But as I'll show you, right now a number of technical, seasonal, and sentiment indicators are pointing upwards for this volatile metal.
This could well be the critical turning point silver investors have been waiting for. One of these indicators is the resilient price of gold.
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Maxfli
City
Port Credit
Rank
President
Activity Points
6128
Rating
Your Rating
Date Joined
08/08/2012
Arian Silver
Symbol
AGQ
Exchange
TSX-V
Shares
239,889,224 O/S Sept 20/10
Industry
Metals & Minerals
Website