Silver into the summer

Silver saw a net May gain of +$3.79 (14.2%) to $30.44, having printed $32.75, the highest since Dec’2012.

The break above psy’ $30 was decisive, as I shall continue to see silver as the most obvious, if not most comfortable trade into/across the summer.

It should be also be clear, the higher that silver climbs, the more wild/volatile the price action shall become. For some… it will be too much to stomach. For others… it could be very profitable.

A push to $40 looks realistic before Labor day. If correct, very bullish implications for the related silver miners, not least AG, PAAS, and HL.

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