((( GOT SILVER ))) ((( KEEP STACKING )))
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Message: Silver Resistance Level @ $15.00
Precious metals update w/ GATA’s Bill Murphy
Like John Embry, Bill Murphy expects a big shift in investor tastes, making the unloved silver sector the defacto loved asset class du jour.
His work indicates a 100:1 risk to reward ratio in silver, $1-$2 risk on the downside with at least $100 on the upside.
Naked short-selling in the highly illiquid markets helping send PMs shares to outperform the underlying metals, as shorts scramble to cover.
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