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Albert Sung is the author of the Katchum Macro-Economic Blog, monitoring breaking economic news from a day to day basis. He started investing in 2008 because of the economic crisis and holds a masters degree in chemical engineering. Previously, he worked several years as a process engineer at... More
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Katchum's Macro-economic blog
  • Hello, 10% Silver Premium 0 comments
    Sep 2, 2014 2:37 PM | about stocks: SLV, PSLV

    The Shanghai silver premium has almost reached 10% over the weekend.

    (click to enlarge)

    Managed money shorts are again at highs in silver.

    I think it's safe to say now that silver (NYSEARCA:PSLV) (NYSEARCA:SLV) is the best buy at this moment.

    Disclosure: The author is long PSLV.

    Stocks: SLV, PSLV
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