by Craig Hemke, Sprott Money:
COMEX silver prices are largely unchanged year-to-date, despite a falling U.S. dollar and historically bullish CoT structure. So today we ask, are you ready for the next rally?
If the title of this post sounds familiar, it should. We posed a similar question regarding gold back in December, and you can review those posts here:
Those forecasts of an early 2018 rally in gold prices turned out quite well, as COMEX gold bottomed near $1,240 on December 12 and then rallied to $1,365 on January 25. That’s almost exactly 10% in about six weeks.