In an August 3 Barchart article, I asked, “Is Silver Setting Up for an Explosive Move Higher?” COMEX September silver futures were at the $23.715 level on August 3, when I wrote:
Given the technical trend and fundamental deficit, silver could experience significant price appreciation over the coming months and years. Silver mining shares would likely go along with the metal’s price for a bullish ride and could outperform silver appreciation on a percentage basis as the world depends on the miners to close the supply-demand gap. Buying gold and silver on price dips has been the optimal approach over the past years.
