Take physic, pomp

The 2018 World Silver Survey has a hidden bullish signal for the metal

The Silver Institute 2018 World Silver Survey is out (as from last week) so get your copy here, a free 104 page PDF download. And among the data on offer, this sticks out:

Coin and bar demand dropped substantially last year. That’s what it looks like when silverbugs throw in the towel and that’s as strong a contrary buy signal as they get. When the dumbest of dumb money does one thing, do the opposite for pleasure and profit.

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