Today one of the most street smart pros in the business spoke with King World News about what is happening in the silver market.  There is also an update on what the commercials have been busy doing as the price of silver has fluctuated.

Rick Rule:  “My experience is that the silver market outperforms the gold market but it’s delayed.  The silver equities have performed alongside the gold equities.  Precious metals equities have really acted as a class….

Continue reading the Rick Rule interview below…


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Rick Rule continues:  “But one would expect in a bull market, when a bull market gets underway in earnest, that the silver equities will outperform the gold equities because silver will outperform gold.  And also because the silver equities as a class are a much smaller group of companies.

There are fewer names to throw money into than there are gold.  Understand that this is a highly volatile, highly risky game.  And those listeners of yours who want to participate in the volatility of the silver market had better do it working very hard to select the right names.  And they also must prepare themselves for volatility, which will be extreme, and I guarantee you will scare the hell out of them from time to time.” Rick Rule’s KWN audio interview is now available!

Also of importance…

King World News note:  Below you can see the commercial hedgers position in the silver market market.  Note that commercial hedgers have been significantly reducing their short positions on the recent decline in the price of silver (see multi-year SentimenTrader chart below).

KWN SentimenTrader I 4:9:2016
The commercial shorts still remain at a level that raises concern.  Again, that does not mean that the price of silver cannot head significantly higher in the short-term.

It is also important to note that the bullish sentiment in silver has come off rather sharply, although it is still not in the “excessive pessimism” category.  

KWN SentimenTrader II 4:9:2016

There was not much movement in terms of the commercial short position in the gold market, which remain very large.  It will be very interesting to see how the gold and silver markets trade in the coming weeks and months.

***KWN has now released the fantastic audio interview with Rick Rule discussing the gold and silver markets and what he is doing with his own money right now and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

KWN Rule mp3 4:10:2016

***KWN has also released the extraordinary audio interview with legend Art Cashin discussing his greatest fear and the the implication of this for the gold market and you can listen to it by CLICKING HERE OR ON THE IMAGE BELOW.

KWN Cashin mp3 4:9:2016

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