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SLV: Bullish Breakout Could Lead To Parabolic Spike (NYSEARCA:SLV)

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Silver’s break above down trendline resistance on Tuesday may send silver into a parabolic spike higher as has been the metal’s tendency over the past. Options markets and speculative positioning suggest there is still significant room for silver prices and

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SLV ETF (Bloomberg)

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SLV And 2-Month Call Implied Volatility On USDXAG (Bloomberg)

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Gold, Silver, And Industrial Metals Prices (Bloomberg)

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Bloomberg, Author’s calculations

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Inflation-Adjusted Silver Price, Log Scale (Bloomberg)

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