You're not going to want to hear this. No one wants to hear it right now...
But we have an incredible opportunity to buy silver.
It doesn't feel good to trade precious metals here. Gold is down more than 10% from its highs this year. Platinum is down 20%. Silver is down about 27%.
But here's the thing: Everyone feels bad about precious metals... Silver in particular. And that's why it's such a big opportunity. Based on history, we can expect to make 20% or more over the next three months... by simply buying silver today.
Better yet, if this situation kicks off a new bull market – like it has three of the last four times – we have the potential to make even larger gains, as much as 100%, in the next six to 12 months.
Let me explain...
As I said, silver is hated right now. Specifically, futures traders speculating on silver are near all-time "short" levels today. As a rule, when futures traders all think the same thing, the market tends to do the opposite.
You can see it in the chart below...
When the blue line is high, silver traders are going long – and we expect silver to fall. When the blue line is low, silver traders are short... The contrarian investment is to buy silver.
You can see that silver traders are near all-time short levels today. In fact, we've only seen this extreme level four other times in the last seven years.
Every time was a great opportunity to buy silver. (more)
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