Today’s trade of the day brings you the silver trade. Some wildly bullish options activity was seen in sizable purchases of the Silver ETF (SLV). Investors expect as much of a 66% gain in silver prices over the coming two years.
Just keep in mind that the person on the OTHER side of that trade is betting that silver WON'T go up.
I don't know why other peoples' trades indicate anything. Half the time, people are right, half the time wrong.
But anyway, I do believe silver going up 66 % in 2 years is possible. However, those jumping into the game now for speculation and capital appreciation, as opposed to traditional wealth preservation, are likely to get jittery and lose money at the INEVITABLE pullbacks and corrections that any sane person knows is coming, no matter what the dollar or economy does.