by David Kranzler
Investment Research Dynamics
Silver is up 25% YTD through last Friday. I have not checked every commodity and stock index, but if silver is not the best performing asset YTD, it’s in the top three. What’s more remarkable is that this move has occurred despite vociferous anti-gold/silver propaganda flooding from Wall Street and the media.
The current “meme” is that the large net short position by the bullion banks against the large net long position of the hedge funds has set the market up for another predictable price raid by banks. I do not know if the banks will be able to pull it off yet again.