Silver is a Buy

The Silver Futures contract (SI) has been extremely bullish since the summer, making every pull-back a buying opportunity. The combination of a triangle breakout and the now-famous Modifided PEMA Crossover Buy Signal indicates a push to new highs above $29.35.

Is Silver Ready for a Breakout?

Silver has certainly participated in the Metals boom of the last two years, but all eyes have been on Gold during its historic push to new all-time highs. However, Silver has outpaced Gold 136% to 86% over the last 20 months and could be on the verge of another major breakout opportunity. Let’s take a look!