Loading ...“But– and this is the important point— when a market is as oversold, underloved, and underfollowed as silver, you should actually be expecting some big moves to the upside. Recoveries from the kind of oversold positions we have seen with the white metal are normally vertical in nature– and yes I know everyone is tired of the bullish case, but that is precisely my point. At the exact same time that everyone thinks the bears can’t be beaten, the market turns decidedly bullish. Put differently, when a trade or an investment thesis feels easy it is wrong, and when it is difficult or hard to believe, you should back up the truck.”
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