Quite possibly. We've been saying stay away from precious metals as a long term investment for a while now (although we do occasionally swing trade gold etfs). But now we're seeing some indications that it might be a good time to consider shorting silver.
Market Vane has just reported that bullish sentiment for silver is over 90%. And now word comes that Disciplined Investor Andrew Horowitz, former winner of the MSN Strategy Lab stock picking contest, has begun shorting the metal. We've got a lot of respect for Andrew here, and while we may not be jumping on the bandwagon just yet, we find his reasoning to be pretty sound.
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