If we look at certain indicators in the silver market, the price is setting up for a big move. It seems as if mainstream investors are now becoming more worried about the stock and bond markets. With almost $17 trillion in negative-yielding debt in the world, the notion that gold or silver doesn’t earn a yield is starting to look like a better deal than paying someone to own bonds.
Thus, the record increase in negative-yielding debt has push gold, in just the past few months, has been one of the catalysts to push gold above an important six-year resistance level. Furthermore, several articles have stated that gold has reached an all-time high in 73 currencies. However, it will take some time for gold to reach a new high in the U.S. Dollar because the Fed has a monopoly on the world’s printing press.
Now, for silver. While silver hasn’t been in the spotlight like gold, it has actually outperformed the yellow metal over the past three months. Since June, gold peaked at being 18% higher while silver was 20%. But, certain indicators for silver are showing that we may be setting up for an even BIGGER MOVE.
In my newest video, SILVER MARKET: Indicators Setting Up For A Big Move,[1] I explain this in detail with ten charts:
One of the important charts in the video shows how the volume on the SLV ETF has increased significantly and is the highest its been since 2012. Typically, when we see a significant increase in trading volume in a stock or commodity, traders and investors are setting the stage for a larger price move ahead:
Part of the reason for the increased volume in the SLV ETF, has to...